Orange SA Announces Hybrid Notes Issuance and Tender Offer
Orange SA, a French telecommunication service provider, has announced plans to issue a new series of Euro-denominated hybrid notes. The company will also launch a tender offer on some of its outstanding hybrid notes.
The issuance of new hybrid notes and the tender offer are aimed at refinancing existing debt and optimizing Orange’s capital structure. This move is part of the company’s ongoing efforts to manage its financial obligations and maintain a stable capital structure.
Financial Performance
Orange’s stock price has experienced fluctuations over the past decade. Investors who purchased shares 10 years ago face a loss of approximately 11% on their investment. Despite this, Orange’s market value remains significant, with a current market capitalization of over 33 billion euros.
Stock Price Trends
The company’s stock price has shown a moderate decline from its 52-week high. However, it remains relatively stable compared to its 52-week low.
Key Statistics
- Market capitalization: over 33 billion euros
- Stock price decline from 52-week high: moderate
- Stock price stability compared to 52-week low: relatively stable