Alcatel-Lucent Announces Amendments to Alcatel-Lucent USA Inc.'s Senior Secured
PARIS -- (Marketwired) -- 08/16/13 -- Alcatel-Lucent (Euronext
Paris: ALU) (NYSE: ALU) announces today that its wholly-owned
subsidiary, Alcatel-Lucent USA Inc., has entered into amendments to
its Senior Secured Credit Facilities (the "Facilities") announced on
January 30, 2013. The amendments have the effect of changing certain
covenants governing the Facilities, lowering the interest rate on the
US$1,750 million 7.25% Senior Secured Term Loan Facility due 2019
(the "Dollar tranche") to 5.75% and lowering the interest rate on the
EUR 300 million 7.50% Senior Secured Term Loan Facility due 2019 (the
"Euro tranche") to 6.25%. As of August 16, 2013 the principal amount
outstanding on the Dollar tranche is US$1,741 million and the
principal amount outstanding on the Euro tranche is EUR 298 million.
These amendments are part of the Shift Plan announced by the company
in June 2013.
About Alcatel-Lucent (Euronext Paris: ALU) (NYSE: ALU)
Alcatel-Lucent is at the forefront of global communications,
providing products and innovations in IP and cloud networking, as
well as ultra-broadband fixed and wireless access to service
providers and their customers, enterprises and institutions
throughout the world.
Underpinning Alcatel-Lucent in driving the industrial transformation
from voice telephony to high-speed digital delivery of data, video
and information is Bell Labs, an integral part of Alcatel-Lucent and
one of the world's foremost technology research institutes,
responsible for countless breakthroughs that have shaped the
networking and communications industry. Alcatel-Lucent innovations
have resulted in the company being recognized by Thomson Reuters as a
Top 100 Global Innovator, as well as being named by MIT Technology
Review as amongst 2012's Top 50 "World's Most Innovative Companies".
Alcatel-Lucent has also been recognized for innovation in
sustainability, being ranked Technology Supersector Leader by the Dow
Jones Sustainability Index in 2012 for making global communications
more sustainable, affordable and accessible, all in pursuit of the
company's mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2012, Alcatel-Lucent is listed
on the Paris and New York stock exchanges (Euronext and NYSE: ALU).
The company is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on:
http://www.alcatel-lucent.com, read the latest posts on the
Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the
Company on Twitter: http://twitter.com/Alcatel_Lucent.
Alcatel-Lucent USA Inc Senior Secured Credit Facilities:
Alcatel-Lucent Press Contacts
T : +33 (0)1 40 76 11 26
ALCATEL-LUCENT INVESTOR RELATIONS
T : + 33 (0)1 40 76 12 11
T : + 1 908-582-7998
T : +33 (0)1 40 76 49 08
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