Paris - Alcatel-Lucent (Euronext Paris and NYSE:ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc.,has agreed with its lenders on an amendment to its Senior Secured CreditFacilities (the "Facilities") announced on January 30, 2013. The amendment,which is expected to be effective in February 2014, has the effect of loweringthe interest rate margin from 4.75% to 3.50% on the US$1,750 million SeniorSecured Term Loan Facility due 2019 (the "Dollar tranche"). As a result,and taking into account the Libor 1% floor, the applicable interest ratedecreases from 5,75% to 4.50%.
As of December 20, 2013 the principal amount outstanding on the Dollartranche is US$1,737 million.
Amounts outstanding under other tranches of the Facilities have beenrepaid.
This amendment is part of the Shift Plan announced by the company in June2013.
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
Alcatel-Lucent is at the forefront of global communications, providingproducts and innovations in IP and cloud networking, as well as ultra-broadbandfixed and wireless access to service providers and their customers, enterprisesand institutions throughout the world.
Underpinning Alcatel-Lucent in driving the industrial transformation fromvoice telephony to high-speed digital delivery of data, video and informationis Bell Labs, an integral part of Alcatel-Lucent and one of the world'sforemost technology research institutes, responsible for countlessbreakthroughs that have shaped the networking and communications industry.Alcatel-Lucent innovations have resulted in the company being recognized byThomson Reuters as a Top 100 Global Innovator, as well as being named by MITTechnology Review as amongst 2012's Top 50 "World's Most Innovative Companies".Alcatel-Lucent has also been recognized for innovation in sustainability, beingnamed Industry Group Leader for Technology Hardware & Equipment sector inthe 2013 Dow Jones Sustainability Indices review for making globalcommunications more sustainable, affordable and accessible, all in pursuit ofthe 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 theParis and New York stock exchanges (Euronext and NYSE: ALU). The company isincorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com , read the latest posts on theAlcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Companyon Twitter: http://twitter.com/Alcatel_Lucent .
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