London, 28 August 2015 -- Moody's Investors Service has today upgraded French telecoms company Alcatel-Lucent's corporate family rating (CFR) to B2 from B3 and its probability of default rating (PDR) to B2-PD from B3-PD. Concurrently, Moody's has upgraded all the group's existing instrument ratings (to B3 from Caa1 for the convertible notes, and to B2 from B3 for the senior unsecured ratings). All ratings remain on review for upgrade.

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