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Paris, January 30, 2013 – In accordance with its announcement made on
the 14th of December 2012, Alcatel-Lucent (Euronext Paris and NYSE:
ALU) announces the closing of the financing transaction. Following a very
strong demand from investors during the syndication process managed by Credit
Suisse AG and Goldman Sachs Bank USA, Alcatel-Lucent upsized the credit
facilities to around Euro 2 billion from Euro 1.6 billion with an average
decrease in pricing of approximately 90 basis points and a decrease in original
issue discount of 150 basis points across the facilities.
In addition, the financial covenant has been removed, and call protection on
the term loan tranches has been reduced.
Alcatel-Lucent confirms that the proceeds will be used for the refinancing
of certain existing indebtedness and for working capital and general corporate
purposes.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
Except for historical information, all other information in this
presentation consists of forward-looking statements within the meaning of the
US Private Securities Litigation Reform Act of 1995, as amended. These forward
looking statements include words such as “will,” “expects,” “looks to,”
“anticipates,” “targets,” “projects,” “intends,” “maintain”, “plans,”
“believes,” “estimates,” “continue,” “reach,” variations of such words
and similar expressions are intended to identify such forward-looking
statements which are not statements of historical facts. These forward-looking
statements are not guarantees of future performance and involve certain risks,
uncertainties and assumptions that are difficult to assess. Therefore, actual
outcomes and results may differ materially from what is expressed or forecasted
in such forward-looking statements, in particular with regard to cost
containment measures generating expected savings, and the economic climate in
the world in general, and in Europe in particular with the euro crisis. These
risks and uncertainties are also based upon a number of factors including,
among others: our ability to realize the full value of our existing and future
patent portfolio in a complex technological environment (including our ability
to defend ourselves in infringement suits), our ability to operate effectively
in a highly competitive industry and to correctly identify and invest in the
technologies that become commercially accepted, demand for our legacy products
and the technologies we pioneer, the timing and volume of network roll-outs
and/or product introductions, difficulties and/or delays in our ability to
execute on our strategic plans, our ability to efficiently co-source or
outsource certain business processes and more generally control our costs and
expenses, the risks inherent in long-term sales agreements, exposure to the
credit risk of customers or foreign exchange fluctuations, reliance on a
limited number of suppliers for the components we need or a tight market for
commodity components, the social, political and economic risks we may encounter
in any region of our global operations, the costs and risks associated with
pension and postretirement benefit obligations, changes to existing regulations
or technical standards, existing and future litigation, compliance with
environmental, health and safety laws, the global economic situation and of
those geographical areas where we are most active, and the impact of each of
these factors on our results of operations and cash. For a more complete list
and description of such risks and uncertainties, refer to Alcatel-Lucent's
Annual Report on Form 20-F for the year ended December 31, 2011, as well as
other filings by Alcatel-Lucent with the US Securities and Exchange Commission.
Except as required under the US federal securities laws and the rules and
regulations of the US Securities and Exchange Commission, Alcatel-Lucent
disclaims any intention or obligation to update any forward-looking statements
after the distribution of this presentation, whether as a result of new
information, future events, developments, changes in assumptions or
otherwise
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