Alcatel-Lucent Launches Capital Increase

Reuters

French telecom equipment maker Alcatel-Lucent said on Monday it plans to launch a 955 million euro ($1.29 billion) capital increase and a $750 million high-yield bond.

The company said in a statement it will also put in place a 500 million euro new syndicated revolving credit facility.

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(Reporting by Geert De Clercq. Editing by Jane Merriman)