Paris, August 16, 2013 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., has entered into amendments to its Senior Secured Credit Facilities (the “Facilities”) announced on January 30, 2013. The amendments have the effect of changing certain covenants governing the Facilities, lowering the interest rate on the US$1,750 million 7.25% Senior Secured Term Loan Facility due 2019 (the “Dollar tranche”) to 5.75% and lowering the interest rate on the €300 million 7.50% Senior Secured Term Loan Facility due 2019 (the “Euro tranche”) to 6.25%. As of August 16, 2013 the principal amount outstanding on the Dollar tranche is US$1,741 million and the principal amount outstanding on the Euro tranche is €298 million.
These amendments are part of the Shift Plan announced by the company in June 2013.
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
Alcatel-Lucent is at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, enterprises and institutions throughout the world.
Underpinning Alcatel-Lucent in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of Alcatel-Lucent and one of the world’s foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent innovations have resulted in the company being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012’s Top 50 “World’s Most Innovative Companies”. Alcatel-Lucent has also been recognized for innovation in sustainability, being ranked Technology Supersector Leader by the Dow Jones Sustainability Index in 2012 for making global communications more sustainable, affordable and accessible, all in pursuit of the company’s mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2012, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.
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