Orange Prices $6 Billion Bond Issuance, Oversubscribed 8x
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Should l Buy ORA?
Source: Globenewswire
- Successful Bond Issuance: Orange has successfully priced a $6 billion bond issuance in five tranches, with settlement expected on January 13, 2026, demonstrating strong market confidence in its financing needs.
- Oversubscription Details: The bond offering was oversubscribed more than 8 times at certain points, reflecting investor optimism about Orange's future growth, thereby enhancing its standing in the capital markets.
- Clear Use of Proceeds: The proceeds will be used for general corporate purposes, including the repayment of certain debts related to the acquisition of MasOrange, aimed at optimizing its financial structure and supporting future strategic expansion.
- Interest Rate Advantage: With a weighted average coupon of 4.72% and an average maturity of 9 years, this issuance allows Orange to diversify its investor base, further solidifying its competitive position in the global telecommunications market.
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Analyst Views on ORA
Wall Street analysts forecast ORA stock price to fall
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 120.400
Low
111.00
Averages
120.00
High
135.00
Current: 120.400
Low
111.00
Averages
120.00
High
135.00
About ORA
Ormat Technologies, Inc. is a geothermal and vertically integrated company engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Development Rights: Upon successful completion of the pilot, Ormat will have the right to develop, build, own, and operate geothermal power plants and energy storage projects utilizing Sage's technology, thereby enhancing its market position in renewable energy.
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