Bond ORANGIS 2.75% ( US685218AA79 ) in USD
| Issuer | ORANGIS |
| Market price | 99.17 % ▼ |
| Country | France
|
| ISIN code |
US685218AA79 ( in USD )
|
| Interest rate | 2.75% per year ( payment 2 times a year) |
| Maturity | 06/02/2019 - Bond has expired |
|
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|
| Minimal amount | 2 000 USD |
| Total amount | 750 000 000 USD |
| Cusip | 685218AA7 |
| Detailed description |
Orange S.A. is a multinational telecommunications corporation headquartered in Paris, France, offering mobile and broadband services across several countries. This financial article details a specific fixed-income instrument issued by Orange, the prominent French telecommunications corporation, which has successfully completed its lifecycle. Orange, headquartered in France, stands as a global leader in telecommunications services, offering a comprehensive range of mobile, fixed-line, internet, and television services to both individual consumers and businesses across various continents, frequently leveraging debt capital markets to support its expansive operations and investment initiatives. The bond under review, uniquely identified by the ISIN US685218AA79 and the CUSIP 685218AA7, was denominated in United States Dollars (USD), reflecting the issuer's engagement with international capital markets. This instrument offered a fixed annual interest rate, or coupon, of 2.75%, with interest payments distributed to bondholders on a semi-annual basis, consistent with common market practices for such securities. The total size of this particular issuance amounted to USD 750,000,000, indicating a substantial capital raise. For potential investors, the minimum purchase requirement was set at USD 2,000. Prior to its eventual maturity, the bond was observed trading on the secondary market at a price of 99.17% of its par value. A key characteristic and the final status of this specific debt instrument is that it reached its scheduled maturity date on February 6, 2019. In line with its terms, the bond was subsequently redeemed, meaning the principal amount was fully repaid to its holders, bringing the life of this particular issuance to a successful close. |
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