Watch Live


Alcatel-Lucent : Alcatel-Lucent announces the opening of the standing repurchase order (procédure de désintéressement) of the

    Alcatel-Lucent : Alcatel-Lucent announces the opening of the standing
repurchase order (procédure de désintéressement) of the holders of 2015 OCEANE


Paris, 5  July  2013 -  Alcatel-Lucent  (Euronext Paris  et  NYSE :  ALU,  the 
"Company") announces the  opening, from  5 to 11  July 2013,  of the  standing 
repurchase order  (procédure  de désintéressement)  of  the holders  of  bonds 
convertible into and  / or exchangeable  for new or  existing shares  (OCEANE) 
issued by the Company and maturing on 1 January 2015 (the "2015 OCEANE").

Concurrently with the launch, on 26 June 2013, of the issuance of OCEANE
maturing on 1 July 2018, Alcatel-Lucent solicited, via Deutsche Bank, Citi and
Natixis, indications from certain holders of 2015 OCEANE outside the United
States of their interest in selling such 2015 OCEANE to the Company as part of
a reverse bookbuilding process (the "Repurchase Offer").

Following the Repurchase Offer, the Company repurchased 98,396,171 2015
OCEANE, i.e. 39.40% of the outstanding 2015 OCEANE, at a price of EUR 3.370
(excluding accrued interest from 1 July 2013 to 4 July 2013 amounting to EUR
0.00132) per 2015 OCEANE, for an aggregate principal amount of

The settlement and delivery of the 2015 OCEANE repurchased in the context of
the Repurchase Offer took place after the close of Euronext Paris on 4 July

Further to the Repurchase Offer, 151,309,617 2015 OCEANE, the aggregate
nominal amount of which is EUR 488,730,062.91 and which represent 48.87% of
the number of 2015 OCEANE originally issued, remain outstanding.

So as to ensure an equitable treatment among all 2015 OCEANE holders, the
Company is committed to carry out a standing repurchase order on the market in
France. The Company will place the standing repurchase order on the market in
France, through Deutsche Bank, Citi and Natixis, from 5 July 2013 to 11 July
2013, i.e. 5 trading days, at a price of EUR 3.370 (excluding accrued interest
from 1 July 2013 to 16 July 2013 amounting to EUR 0.00664) per 2015 OCEANE.

The settlement and delivery of the 2015 OCEANE repurchased in the context of
the standing repurchase order will take place on 16 July 2013.

Any person wishing to sell its 2015 OCEANE will have to place a sale order
with its financial intermediary.

After the standing repurchase order period, on 11 July 2013 after the close of
markets, the Company shall announce the total amount of the repurchased 2015
OCEANE, by way of press release.

The repurchased 2015 OCEANE will be cancelled.

The Company reserves the right to continue to repurchase 2015 OCEANE, on or
off-market after the standing repurchase order.

The Company's long-term debt is rated Caa1 by Moody's (rating date: 4 December
2012), with a negative  outlook since 4  December 2012 and  CCC by Standard  & 
Poor's (rating date: 21 June 2013), with a stable outlook since 21 June 2013.


A French language prospectus (the "Prospectus"), comprising (i) the  Company's 
reference document filed  with the French  AMF on 12  March 2013 under  number 
D.13-0124 (the "ReferenceDocument") (ii) its update  filed with the AMF on  25 
June 2013  under number  D.13-0124-A01,  and (iii)  a  securities note  and  a 
summary of the Prospectus  (included in the securities  note), which has  been 
approved by the  AMF under  number n°13-305  on 26  June 2013.  Copies of  the 
Prospectus are available free of charge at the Company's registered office  (3 
avenue Octave  Gréard  - 75007  Paris)  and on  the  websites of  the  Company 
( and of the AMF (

Investors are invited to consider carefully all of the risk factors described
in chapter 3 of the Reference Document, as well as in section 4 of the update
to the Reference Document and chapter 2 of the securities note

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 
communications industry.

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:, 
read     the     latest     posts      on     the     Alcatel-Lucent      blog  and   follow  the   Company  on   Twitter:

Alcatel-Lucent Press Contacts

SIMON                                              POULTER T : +33 (0)1 40 76 50 84

VALERIE                       LA                        GAMBA T : +33 (1)1 40 76 49 91


FRANK                                             MACCARY T : + 33 (0)1 40 76 12 11

T : + 1 908-582-7998

 T : +33 (0)1 40 76 49 08


This press release must not be published, released or distributed, directly or
indirectly, in the United States of America, Canada, Japan or Australia. This
press release and the information contained herein do not constitute an offer
to sell or subscribe, nor the solicitation of an order to purchase or
subscribe, securities in any country.

This press release does not constitute a public offering of securities or a
subscription offer and shall not be considered as destined to solicit the
public interest with a view to a public offering in any country.

Securities may not be offered or sold in the United States of America, or on
behalf or for the benefit of US persons (as such term is defined in Regulation
S under the US Securities Act) absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended, ("US
Securities Act"). The securities referred to in this press release have not
been and will not be registered under the U.S. Securities Act and
Alcatel-Lucent does not intend to make a public offer of such securities in
the United States of America.

In member states of European Economic Area which have implemented Directive
2003/71/EC (as amended) (the "ProspectusDirective") other than France, this
press release and any offer if made subsequently are directed exclusively at
persons who are "qualified investors" within the meaning of the Prospectus
Directive and any relevant implementing measures in the relevant member state.

This press release is not an invitation nor an inducement to engage in an
investment activity for the purpose of Section 21 of the Financial Services
and Markets Act 2000, as amended ("FSMA"). This press release is directed only
at (i) persons outside the United Kingdom, (ii) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Regulation"), (iii) persons referred to
in Article 49(2) (a) to (d) of the Regulation (high net worth entities,
non-registered associations, etc.) and (iv) other persons to whom this
document may be lawfully communicated (all persons listed in (i), (ii), (iii)
and (iv) above being referred to as "Relevant Persons"). The Bonds are
available only to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such Bonds will be engaged in only with,
Relevant Persons. Any person who is not a Relevant Person must not act or rely
on this document or any of its contents.

This press release does not constitute an invitation to participate in the
repurchase of the 2015 OCEANE in any country in which, or any person to whom,
it is unlawful to make such an invitation under applicable laws and
regulations. In particular, the repurchase of 2015 OCEANE is not and will not
be directed to the United States of America in any manner and in any form.
Persons into whose possession this press release comes are required to inform
themselves about, and to observe, any such legal or regulatory restrictions.

The release, publication or distribution of this press release in certain
jurisdictions may be restricted by laws or regulations. Therefore, persons in
such jurisdictions into which this press release is released, published or
distributed must inform themselves about and comply with such laws or



This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Alcatel-Lucent via Thomson Reuters ONE
Press spacebar to pause and continue. Press esc to stop.