ENXTPA:ORATelecom
How Bond Demand At Orange (ENXTPA:ORA) Has Changed Its Investment Story
Orange has completed a €4.1b multi tranche euro bond issue across four maturities from 2029 to 2038, plus a separate €744.69 million fixed income deal, all at fixed coupons between 3.625% and 4.5%.
An order book of €16b against €4.1b issued indicates strong credit market appetite for Orange’s balance sheet and its "Trust the future" plan.
We will examine how Orange's investment narrative is influenced by this oversubscribed multi tranche bond issuance and the additional financing.
Capture...