ENXTPA:ORATelecom
Orange (ENXTPA:ORA) Valuation Check After US$6b Oversubscribed Bond Issue
Orange (ENXTPA:ORA) has drawn fresh attention after pricing a US$6b multi tranche bond offering, its first US dollar issue since 2016, aimed at general corporate uses and MasOrange related refinancing.
See our latest analysis for Orange.
The bond deal lands at a time when Orange’s share price has been firming, with a 1 month share price return of 6.18% and year to date share price return of 3.00%. The 1 year total shareholder return of 51.82% and 5 year total shareholder return of 116.88%...