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Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Published by Uma Rajagopal

Posted on November 24, 2022

1 min read

· Last updated: February 3, 2026

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Woman walking past the Orange telecom logo, symbolizing sustainability in finance - Global Banking & Finance Review
The image features the Orange telecom logo at their headquarters near Paris, highlighting the company's recent sustainability-linked refinancing of a 6 billion euros credit facility, showcasing their commitment to sustainable finance.
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PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainability-linked refinancing of its 6 billion euros ($6.2 billion) syndicated credit facility with 27 banks. ($1 = 0.9621 euros) (Reporting by Sudip Kar-Gupta; Editing by Chris Reese)

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainability-linked refinancing of its 6 billion euros ($6.2 billion) syndicated credit facility with 27 banks.

($1 = 0.9621 euros)

(Reporting by Sudip Kar-Gupta; Editing by Chris Reese)

Frequently Asked Questions

What is a syndicated credit facility?
A syndicated credit facility is a loan provided by a group of lenders, known as a syndicate, to a single borrower. This arrangement allows for larger amounts of financing and spreads the risk among multiple lenders.
What is sustainability-linked financing?
Sustainability-linked financing refers to loans or credit facilities that have terms tied to the borrower's sustainability performance. If the borrower meets specific sustainability targets, they may benefit from lower interest rates.
What are corporate bonds?
Corporate bonds are debt securities issued by companies to raise capital. Investors purchase these bonds, effectively lending money to the company in exchange for periodic interest payments and the return of the bond's face value at maturity.
What is a credit facility?
A credit facility is a type of loan or line of credit extended by a financial institution to a borrower, allowing them to access funds up to a specified limit. It can be used for various purposes, including operational expenses.

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