ENXTPA:ORATelecom
Orange’s Heavily Oversubscribed US$6 Billion Bond Issue Could Be A Game Changer For Orange (ENXTPA:ORA)
Orange has in early January 2026 successfully priced a US$6.00 billion multi-tranche US dollar bond issue, spanning maturities from 2029 to 2056 with fixed coupons between 4.00% and 5.75%, to fund general corporate purposes including refinancing debt linked to its planned full acquisition of MasOrange.
The more than very large oversubscription and the issuer’s first US dollar deal since 2016 highlight both strong credit-market appetite for Orange paper and a deliberate move to broaden its...