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Bulletin: France Telecom Ratings And Outlook Unaffected By French State's Proposed Stake Sale

Published Jun 25, 2007

337 words — Published Jun 25, 2007

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Abstract:

MADRID (Standard&Poor's) June 25, 2007--Standard&Poor's Ratings Services said today that its ratings and outlook on French telecommunications services provider France Telecom S.A. (FT; A-/Stable/A-2) are unaffected by the French state's announcement that it will sell a 5%-7% stake in the company. The shares will be placed with institutional investors and will therefore not require any cash outlay by FT. The state will, through this sale, reduce its stake in FT to between 25.5% and 27.4%, but will remain a significant shareholder in the company.

Brief Excerpt:

RESEARCH Bulletin: France Telecom Ratings And Outlook Unaffected By French State's Proposed Stake Sale Publication date: 25-Jun-2007 MADRID (Standard & Poor's) June 25, 2007--Standard & Poor's Ratings Services said today that its ratings...

Report Type:

Bulletin

Ticker

FTE@FP

Issuer

Orange S.A.

GICS

Integrated Telecommunication Services (50101020)

Sector

Global Issuers, Structured Finance

Country

France

Region

Latin America

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Bulletin: France Telecom Ratings And Outlook Unaffected By French State's Proposed Stake Sale" Jun 25, 2007. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-France-Telecom-Ratings-And-Outlook-Unaffected-By-French-State-s-Proposed-Stake-Sale-586924>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: France Telecom Ratings And Outlook Unaffected By French State's Proposed Stake Sale Jun 25, 2007. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-France-Telecom-Ratings-And-Outlook-Unaffected-By-French-State-s-Proposed-Stake-Sale-586924>

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