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Thales — Capital/Financing Update 2010
Oct 13, 2010
1699_iss_2010-10-13_ff4ef6eb-9f1b-4994-9841-acf727ccc380.pdf
Capital/Financing Update
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Neuilly-sur-Seine, 12 October 2010
Thales: issue of a EUR600m bond, maturity 2016
Thales (NYSE Euronext Paris: HO) has issued today a €600m, 2.75% fixed-rate bond maturing in 2016.
This issue will be used to refinance the €775m bond maturing in July 2011. It forms part of the active liquidity management of Thales and enables to maintain the Group's financial flexibility and extend the maturity of its financial resources.
The marked success of this issue with investors confirms the confidence of the market in the creditworthiness of the Group. The long term debt of Thales is rated BBB+ by Standard & Poor's and A2 by Moody's, outlook stable.
The issue was lead managed by Banco Santander, BNP Paribas, Crédit Agricole CIB, Deutsche Bank, The Royal Bank of Scotland and Société Générale.
About Thales
Thales is a global technology leader for the Defence & Security and the Aerospace & Transport markets. In 2009, the company generated revenues of €12.9 billion with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners. www.thalesgroup.com
Caroline Philips Tel. +33 1 57 77 87 26 [email protected]
Press contact: Investors Relations:
Jean-Claude Climeau Tel. +33 1 57 77 89 02 [email protected]
45, rue de Villiers – 92526 Neuilly-sur-Seine Cedex – France – www.thalesgroup.com