Orange has successfully completed a bond issue totalling €1.5 billion, divided into two separate tranches. The first is a €750 million bond with a four-year term and an annual interest rate of 2.75%, while the second is a sustainable bond, also valued at €750 million, set over ten years with a yearly coupon of 3.50%.
For the sustainable component, Orange intends to direct around half of the proceeds towards environmentally focused initiatives, particularly those aimed at improving energy efficiency. The remaining funds will support projects with a social dimension, chiefly the expansion of fibre optic infrastructure in communities at risk of digital exclusion. These allocations are in line with the company’s “Lead the Future” strategy and its updated sustainable financing framework.
With this two-part approach, Orange is able to diversify its investor base while maintaining a careful and proactive approach to financial management. This issuance not only supports Orange’s business objectives but also reinforces its commitment to both environmental responsibility and societal progress.