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Prospect News home > News index > List of issuers O > Headlines for Orange Switzerland > News item
Published on 4/10/2013 in the Prospect News High Yield Daily.

Orange Switzerland talks €250 million six-year PIK toggle notes to yield 9%-9¼%; pricing Wednesday

By Paul A. Harris

Portland, Ore., April 10 - Orange Switzerland talked a €250 million offering of six-year senior PIK toggle notes to yield 9% to 9¼% on Wednesday, according to a market source.

Final terms are expected later on Wednesday.

Credit Suisse has the books.

The Renens, Switzerland-based telecommunications company plans to use the proceeds to fund a dividend.


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