France Telecom credit protection trades actively

Yesterday, France Telecom reported a €12.2 billion loss for the first half and a €10.8 billion charge related to its 28.5% stake in German mobile operator MobilCom, which its board voted to end financially supporting. Michel Bon, France Telecom chairman, resigned from France Telecom, but no formal announcement was made that the telco was planning a €10-€15 billion rights issue, a move widely expected in the market.

The non-decision on the rights issue caused five-year credit protection on Fr

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: