Orange

Equities

ORA

FR0000133308

Integrated Telecommunications Services

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-02-13 am EST			5-day change	1st Jan Change
17.16 ^EUR	-0.87%		+3.91%	+20.81%

Feb. 13	Orange: BlackRock Falls Below 5% Voting Rights Threshold
Feb. 13	BlackRock Falls Below 5% Voting Rights Threshold in Orange

Orange S.A. Successfully Prices Bond Issuance in 5 Tranches for a Total Amount of USD 6 Billion

Published on 01/07/2026 at 06:40 am EST

S&P Capital IQ

ORANGE

-0.87%

Orange has successfully priced a USD 6 billion bond issuance, with settlement and delivery expected on January 13, 2026. This offering, which was more than 8x oversubscribed at times, consists of 5 tranches: Format - Fixed rate, Term - January 2029, Notional - USD 750 million, Coupon - 4.00%, Re-offer spread - US Treasury Bond + 50 bps. Format - Fixed rate, Term - January 2031, Notional - USD 1.25 billion, Coupon - 4.25%, Re-offer spread - US Treasury Bond + 70 bps.

Format - Fixed rate, Term - January 2033, Notional - USD 1.5 billion, Coupon - 4.75%, Re-offer spread - US Treasury Bond + 85 bps. Format - Fixed rate, Term - January 2036, Notional - USD 2 billion, Coupon - 5.00%, Re-offer spread - US Treasury Bond + 95 bps. Format - Fixed rate, Term - January 2056, Notional - USD 500 million, Coupon - 5.75%, Re-offer spread - US Treasury Bond + 100 bps.

Orange plans to use the proceeds for general corporate purposes, which may include the repayment of certain outstanding indebtedness of MasOrange to be assumed in connection with Orange's acquisition of the remaining 50% of MasOrange. With a weighted average coupon of 4.72% for an average maturity of 9 years, this first US dollars issuance since 2016 allows Orange to benefit from diversification in its pool of credit investors.

Latest news about Orange

Feb. 13	Orange: BlackRock Falls Below 5% Voting Rights Threshold
Feb. 13	BlackRock Falls Below 5% Voting Rights Threshold in Orange
Feb. 13	EU project to rival Starlink must meet buyer expectations, Eutelsat CEO says	RE
Feb. 12	BlackRock Surpasses 5% Voting Rights Threshold in Orange
Feb. 06	Orange Belgium FY Ebitdaal EUR 566.1 mln	RE
Jan. 28	Dutch telco KPN sees 10% defence revenue growth as Europe boosts military spending	RE
Jan. 26	Spanish stocks - Factors to watch on Jan 26	RE
Jan. 22	Bouygues, Orange, Iliad In Talks With Altice for French Telecoms Deal -- Update	DJ
Jan. 22	Bouygues Telecom, Free and Orange Still in Talks to Acquire SFR
Jan. 22	Bouygues Telecom-Orange Consortium Confirms Talks for Altice Acquisition	MT
Jan. 22	Bouygues, Orange, Free-iliad In Talks With Altice for French Telecoms Business	DJ
Jan. 22	French telecom giants eye new bid for rival Altice's SFR	RE
Jan. 22	Interparfums, Michelin, Société Générale, Ubisoft... Stocks to Watch Today in Paris
Jan. 22	Bouygues Telecom, Free and Orange Still in Talks to Acquire SFR
Jan. 20	Education: Market Capitalization vs. Enterprise Value

Chart Orange

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ORA: Dynamic Chart

Company Profile

Orange is the French leader of telecommunications company. Net sales (including intragroup) break down by activity as follows: - telecommunication services for individuals (76.9%): mobile telephone services (253 million clients at the end of 2024; Orange brand name in France, the United Kingdom and Caribbean, FTP Espana in Spain and PTK Centertel in Poland), fixed telephone services and Internet access (38.3 million clients). The group also offers services for telecommunication operators. Net sales break down by country between France (54.6%), Europe (21.8%), Africa and Middle East (23.6%); - telecommunication services to businesses (18.4%): Internet access services, mobile telephone, voice and data transmission services and integration and information management for communication applications; - telecommunication services to international telecommunication operators (3%); - other (1.7%).

Employees

126,909

Sector

Integrated Telecommunications Services

Calendar

Feb. 17 - Q4 2025 Earnings Release

More about the company