This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

As Part Of The Implementation Of Its Transformation Plan, The Shift Plan, Alcatel-Lucent Announces Three Transactions Aiming At Strengthening Its Equity And At Providing It With Greater Financial F...

PARIS, Nov. 4, 2013 (GLOBE NEWSWIRE) --

Alcatel-Lucent (the "Company") announces the launch of
a  capital increase for an amount of  €955 million (the "Capital Increase"), its
intent to launch a high yield bonds offering in an aggregate principal amount of
US$750  million (subject to market conditions) and the execution of a commitment
letter  for the implementation of a  new syndicated revolving credit facility of
€500 million.

The  Capital  Increase  will  be  conducted  by  way of issuance of preferential
subscription  rights ("Rights")  to holders  of the  Company's existing ordinary
shares  ("Existing Ordinary Shares").  Holders of Existing  Ordinary Shares will
receive  one Right for every Existing Ordinary Shares held on the record date of
November  18, 2013. The subscription price for the new ordinary shares (the "New
Ordinary  Shares") will  be €2.10  per share  (nominal value  of €0.05 and issue
premium of €2.05) on the basis of 8 New Ordinary Shares for 41 Existing Ordinary
Shares,  resulting in  the issuance  of between  454,722,512 and 460,000,000 New
Ordinary  Shares.  The  Rights  will  be  issued  and detached from the Existing
Ordinary  Shares, and the subscription period will start, on November 19, 2013,
and  will end on  November 29, 2013. Rights remaining  unexercised at the end of
the subscription period will expire.

Based on this subscription price, the gross proceeds of the Capital Increase are
expected  to be approximately €955 million.  The purpose of the Capital Increase
is to strengthen the equity of the Company.

Subject  to  certain  limited  exceptions,  the  Capital  Increase  is  not made
available to holders of Existing Ordinary Shares located in the United States or
any  other jurisdiction  where such  offer for  sale of  the New Ordinary Shares
would  be unlawful.  For holders  of the  Company's American  Depositary Shares,
rights  attributed in respect of deposited Existing Ordinary Shares are expected
to be sold on their behalf on Euronext Paris before they lapse.

Important NoticeS

United States
This  announcement is being issued by Alcatel Lucent (the "Company") pursuant to
Rule  135c under  the  US  Securities  Act  of 1933, as amended (the "Securities
Act"), and is neither an offer to sell nor a solicitation of an offer to buy any
securities  described herein,  and shall  not constitute  an offer  to sell or a
solicitation  of an  offer to  buy, or  a sale  of, any  such securities  in any
jurisdiction  in  which  such  offer,  solicitation  or  sale  is  unlawful. The
securities described herein have not been, and will not be, registered under the
Securities  Act  and  may  not  be  offered  or sold in the United States absent
registration   or  an  exemption  from  the  registration  requirements  of  the
Securities Act. There will be no public offer of any securities described herein
in  the United States. These securities have not been approved or disapproved by
the  US Securities and  Exchange Commission, any  state securities commission in
the  United States or  any other US  regulatory authority. Any representation to
the contrary is a criminal offense in the United States.

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

A prospectus in the French language (the "Prospectus") has been granted visa no.
13-583 from  the AMF dated November 3, 2013 (consisting  of (i) an annual report
(Document  de référence)  filed with  the AMF  on March 12, 2013 under no. D.13-
0124, (ii)  a first  update of  the annual  report (Actualisation du Document de
référence)  filed with the AMF on June 25, 2013 under no. D.13-0124-A01, (iii) a
second  update of  the annual  report (Actualisation  du Document  de référence)
filed  with the AMF on November 3, 2013 under  no. D 13-0124.A02 and (iv) a Note
d'opération,  which received visa no. 13-583 dated November 3, 2013 from the AMF
(including a summary of the prospectus).

Alcatel Lucent draws the public's attention to the sections relating to the risk
factors  in the  prospectus approved  by the  AMF appearing  in chapter 3 of the
annual  report, section 4 of the first update of the annual report, section 4 of
the second update of the annual report and chapter 2 of the Note d'opération.

European Economic Area (other than France)
The offer is open to the public in France only.

With  respect to  each Member  State of  the European  Economic Area  other than
France  (the "Member States")  that has implemented  the Directive 2003/71/EC as
amended  by the Directive 2010/73/EU, no action has  been taken or will be taken
in  order to  allow an  offer to  the public  of new  shares and/or preferential
subscription  rights requiring  the publication  of a  prospectus in  any of the
Member  States. As a result, new  shares and/or preferential subscription rights
may only be offered in Member States, other than France:

 1. to qualified investors as defined by the Prospectus Directive as amended, if
    applicable, by the implementation of the Amending Prospectus Directive in
    the Member State concerned;

 2. to fewer than 100, or if the Member State concerned has implemented the
    Amending Prospectus Directive, 150 individuals or legal entities other than
    qualified investors (as defined in the Amending Prospectus Directive); or

 3. in any other circumstances not requiring Alcatel Lucent to publish a
    prospectus as provided under Article 3(2) of the Prospectus Directive.

For  the purposes of this restriction, (i) the notion of "offer to the public of
new  shares  and/or  preferential  subscription  rights"  in  any  Member  State
concerned  refers to any communication sent to individuals or legal entities, in
any  form  and  by  any  means,  and  providing sufficient information about the
conditions  of the offer and about Alcatel Lucent's shares to enable an investor
to decide to buy or subscribe for such shares, as amended, if applicable, in the
Member  State  concerned  within  the  framework  of  the  implementation of the
Prospectus  Directive,  (ii)  the  expression  "Prospectus  Directive" refers to
Directive  2003/71/EC and  includes  any  implementing  measures  in each Member
State,  and  (iii)  the  expression  "Amending  Prospectus  Directive" refers to
Directive  2010/73/EU and  includes  any  implementing  measures  in each Member

A depositary institution in a Member State in which the offer is not open to the
public  may inform  its clients  who are  shareholders of  Alcatel Lucent of the
allocation  of preferential subscription rights insofar  as it is required to do
so  in respect of  its contractual obligations  towards its shareholders clients
and  provided that the communication of  such information does not constitute an
"offer  to the  public" in  this Member  State. A  shareholder of Alcatel Lucent
located  in a  Member State  in which  the offer  is not  open to the public may
exercise their preferential subscription rights provided that they have not been
the recipient within said Member State of a communication constituting an "offer
to the public" as defined above.

These selling restrictions concerning Member States are in addition to any other
selling  restrictions applicable in  the Member States  of the European Economic
Area having implemented the Prospectus Directive.

United Kingdom

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 "Order"),
(iii)  persons referred to  in Article 49(2) (a)  to (d) of  the Order (high net
worth  entities, non-registered  associations, etc.)  and (iv)  other persons to
whom  the Prospectus  may be  lawfully communicated  (the persons listed in (i),
(ii),  (iii)  and  (iv)  above  being  referred  to  as "Relevant Persons"). Any
invitation,  offer or agreement to subscribe, purchase or acquire the new shares
of  the preferential subscription  rights will be  engaged in only with Relevant
Persons.  New shares or preferential subscription  rights may only be offered or
issued to persons in the United Kingdom who are not Relevant Persons. Any person
who is not a Relevant Person must not act or rely on this document or any of its
contents.  Persons in charge of distributing this press release must comply with
the legal conditions of publication of this press release.

Cautionary Note on Forward-Looking Statements

Except for historical information, all other information herein consists of
forward-looking statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995, as amended.  These forward-looking statements are
not guaranties of future performance and involve certain risks, uncertainties
and assumptions that are difficult to assess.  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, 2012, as well as other
filings by Alcatel Lucent with the U.S. Securities and Exchange Commission.


Alcatel Lucent Press Contacts

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


FRANK MACCARY          T : + 33 (0)1 40 76 12 11
TOM BEVILACQUA     T : + 1 908-582-7998
CORALIE SPAETER      T : +33 (0)1 40 76 49 08



Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs