EduBourseActualitésAlcatel successfully lengthened the maturity of its revolving credit facility and reduced...

Alcatel successfully lengthened the maturity of its revolving credit facility and reduced its cost

Paris, 15 March 2005 – Alcatel (Paris : CGEP.PA and NYSE : ALA) today announced that it has successfully completed the amendment of its existing undrawn EURO 1.3 billion syndicated 3-2022 revolving credit facility to benefit from the attractive conditions prevailing in the loan market.

The amendment consisted in lengthening the maturity of the facility from June 2007 to June 2009 with a possible extension until 2011, cancelling one of the two financial covenants and reducing the cost of the facility.

Alcatel, which received EUR 1.18 billion commitments from 22 banks, decided to reduce its overall amount to EURO 1 billion.

The facility, which is undrawn for the time being, may be used for general corporate purposes.

The list of participants is as follows:

Mandated Lead Arrangers:
BNP Paribas
SG Corporate & Investment Banking

Bank of America, NA
CDC Ixis
Calyon Corporate and Investment Bank
Deutsche Bank
Natexis Banques Populaires

Banco Bilbao Vizcaya Argentaria, S.A.
Commerzbank AG
Crédit Industriel et Commercial
Credit Suisse First Boston International
Fortis Banque France
HVB Group
Merrill Lynch Capital Markets Bank Limited
The Bank of Tokyo-Mitsubishi, Ltd.
The Royal Bank of Scotland Plc
Sumitomo Mitsui Banking Corporation Paris Branch

About Alcatel
Alcatel provides communications solutions to telecommunication carriers, Internet service providers and enterprises for delivery of voice, data and video applications to their customers or employees. Alcatel brings its leading position in fixed and mobile broadband networks, applications and services, to help its partners and customers build a user-centric broadband world. With sales of EURO 12.3 billion in 2004, Alcatel operates in more than 130 countries.

Contact [email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
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