|NOT FOR DISTRIBUTION IN OR INTO, DIRECTLY OR INDIRECTLY AUSTRALIA, CANADA OR JAPAN.
Paris, November 6, 2013 –Alcatel-Lucent (Euronext Paris and NYSE: ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., intends to offer $750 million Senior Notes due 2020 (the “Notes”) in an offering to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed (the “Guarantees”) on a senior unsecured basis by Alcatel-Lucent and certain of its subsidiaries. This offering follows the announcement made on November 4, 2013 and continues the execution of The Shift Plan announced by Alcatel-Lucent in June 2013.
The net proceeds from the issuance and sale of the Notes will be used (i) to repay or redeem (or refinance amounts used to repay or redeem) the US$96 million aggregate principal amount of Alcatel-Lucent USA Inc.’s 2.875% Series A Convertible Bonds due 2023 and 2.875% Series B Convertible Bonds due 2025, and the €59 million principal amount of Alcatel Lucent’s 5.000% convertible/exchangeable bonds due 2015; (ii) to prefund the maturity of €274 million principal amount of Alcatel Lucent’s 6.375% bonds due in April 2014 and (iii) for general corporate purposes.
|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 named Industry Group Leader for Technology Hardware & Equipment sector in the 2013 Dow Jones Sustainability Indices review 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.