France Telecom SA (FTE.FR) isn't at risk of breaching any of its covenants, Chief Financial Officer Gervais Pellissier said Tuesday.

Pellissier made the remark at the company's annual general meeting of shareholders.

"In the EUR36 billion of net debt of France Telecom ... there is no major commitment linked to France Telecom's balance sheet that could risk not being upheld," he said.

-By Adam Mitchell, Dow Jones Newswires; +33 1 40171756; adam.mitchell@dowjones.com