Orange S.A. has announced the results of its tender offer to repurchase part of two series of outstanding undated non-call deeply subordinated fixed to reset rate notes. For the NC 2026 Existing Notes, of which approximately €500 million was outstanding, €254.041 million were validly tendered and accepted at a price of 100.650%, leaving a remaining outstanding principal of €245.957 million. For the NC 2027 Existing Notes, of which €350 million was outstanding, €102.600 million were validly tendered and accepted at a price of 99.150%, leaving a remaining outstanding principal of €247.400 million. Settlement is expected on 25 June 2026.
Orange S.A.Orange repurchased part of its hybrid notes, reducing debt and interest obligations
Ormat Technologies Inc