PR Archives:  LatestBy Company By Date

Press Release -- December 20th, 2013
Source: Alcatel-Lucent

Alcatel-Lucent announces amendment to Alcatel-Lucent USA Inc.’s Senior Secured Credit Facilities

Paris, December 20, 2013 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., has agreed with its lenders on an amendment to its Senior Secured Credit Facilities (the “Facilities”) announced on January 30, 2013. The amendment, which is expected to be effective in February 2014, has the effect of lowering the interest rate margin from 4.75% to 3.50% on the US$1,750 million Senior Secured Term Loan Facility due 2019  (the “Dollar tranche”). As a result, and taking into account the Libor 1% floor, the applicable interest rate decreases from 5,75% to 4.50%.

As of December 20, 2013 the principal amount outstanding on the Dollar tranche is US$1,737 million.

Amounts outstanding under other tranches of the Facilities have been repaid.

This amendment is part of the Shift Plan announced by the company in June 2013.


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:, read the latest posts on the Alcatel-Lucent blog and follow the Company on Twitter: external link

PR Archives: Latest, By Company, By Date