France Telecom, one of the world’s largest telecommunications companies, closed on a public offering of senior unsecured debt Tuesday, issuing $2.5 billion in senior notes.

The company originally planned to sell just $2 billion, but bumped up the amount of the offering in an effort to reduce its huge debt load. Half the notes will come due in 2014 and the other half in 2019. This marks France Telecom’s first U.S. offering since 2001, when it offered $16.5 billion in Yankee Bonds.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]