Alcatel-Lucent : Alcatel-Lucent and Alcatel-Lucent USA Inc. announce
Alcatel-Lucent USA Inc.'s offer to purchase 2.875% Series B convertible senior
debentures due in 2025
Alcatel-Lucent (Euronext Paris and NYSE: ALU) has announced today that on June
17, 2013, its wholly-owned subsidiary, Alcatel-Lucent USA Inc., will accept
for purchase 2.875% Series B convertible senior debentures due in 2025 at the
option of their holders.
Alcatel-Lucent USA is making the offer to purchase as required by the terms
of the indenture governing the debentures. The purchase price will be $1,000
per $1,000 principal amount of debentures validly surrendered for purchase and
not validly withdrawn, plus any accrued and unpaid interest.
Accrued interest on the debentures up to June 15, 2013*, will be paid on June
17, 2013 to those holding the debentures as of the close of business on June
1, 2013. Accordingly, Alcatel-Lucent USA expects that there will be no accrued
and unpaid interest due as part of the purchase price.
If all outstanding debentures are surrendered for purchase, the nominal
aggregate purchase price will be $765 million.
Debenture holders may exercise their option to require Alcatel-Lucent USA to
purchase their debentures by complying with transmittal procedures prior to
expiration of the tender offer on Wednesday, June 12, 2013.
During periods or events described in the indenture governing the debentures
(including if Alcatel-Lucent USA calls the debentures for redemption), the
debentures are convertible into American depositary shares of Alcatel-Lucent
and cash in lieu of fractional depositary shares. The debentures currently are
not eligible for conversion.
Debenture holders are advised that questions related to the surrender of
debentures covered by the tender offer should be directed to BNY Mellon, the
paying agent for the tender offer, at 212-815-5283.
*Interest payment date under the indenture governing the debentures.
About Alcatel-Lucent (Euronext Paris and NYSE: ALU)
The long-trusted partner of service providers, enterprises and governments
around the world, Alcatel-Lucent is a leading innovator in the field of
networking and communications technology, products and services. The company
is home to Bell Labs, one of the world's foremost research centers,
responsible for breakthroughs that have shaped the networking and
Alcatel-Lucent innovations are regularly recognized by international
institutions for their positive impact on society. In 2012 and for the second
year running, Alcatel-Lucent was named one of the Thomson Reuters Top 100
Global Innovators, recognition for the company's continued addition to its
world-class patent portfolio, one of the largest in the telecom industry.
Alcatel-Lucent has also been recognized for its sustainability performance.
In 2012 the company was ranked Technology Supersector Leader by the Dow Jones
Sustainability Index. Through its innovations, Alcatel-Lucent is making
communications more sustainable, more affordable and more accessible as we
pursue our mission of Realizing the Potential of a Connected World.
With operations throughout the world, Alcatel-Lucent is a local partner with
global reach. The Company achieved revenues of Euro 14.4 billion in 2012 and
is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com,
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http://www.alcatel-lucent.com/blog and follow the Company on Twitter:
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forward-looking statements are expressed differently. All statements, other
than statements of historical fact, in this press release regarding our
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You should read these forward-looking statements carefully because they
discuss our expectations about our future performance or future events,
contain projections of our future operating results or our future financial
condition, or state other "forward-looking" information.
The statements in this press release are made as of May 14, 2013. Subsequent
events or developments may cause our views to change.
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the Private Securities Litigation Reform Act of 1995 do not apply to
statements made in connection with a tender offer.
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Source: Alcatel-Lucent via Thomson Reuters ONE
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