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Thales — Capital/Financing Update 2010
Dec 20, 2010
1699_iss_2010-12-20_c90e2cb1-db10-400b-81fe-c127061c29a2.pdf
Capital/Financing Update
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Neuilly-sur-Seine, 20 December 2010
Thales signs a 5-year, €1.5bn credit facility
Thales (NYSE Euronext Paris : HO) signed on 17 December 2010 with a group of 20 banks(*) a revolving credit facility for an amount of Euro 1.5 billion, maturing in December 2015. This facility will refinance the previous one maturing in December 2011.
This facility will be available for general corporate purposes and forms part of the liquidity management of Thales, enabling to maintain the Group's financial flexibility and extend the maturity of its financial resources.
The operation was significantly oversubscribed at more than €2bn. This underlines the confidence of the market in the creditworthiness of the Group, which long term debt is rated BBB+ by Standard & Poor's and A2 by Moody's, outlook stable.
(*) As mandated lead arrangers and bookrunners : Banco Santander, S.A., The Bank Of Tokyo-Mitsubishi UFJ, Ltd., BNP Paribas, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial (Groupe Crédit Mutuel – CIC), Deutsche Bank AG - London Branch, HSBC France, Natixis, The Royal Bank Of Scotland Plc et Société Générale Corporate & Investment Banking (the Corporate & Investment Bank division of Société Générale)
As mandated lead arrangers :Banco Bilbao Vizcaya Argentaria S.A., Barclays Bank Plc, Citibank International Plc, Intesa Sanpaolo S.P.A. - Succursale de Paris, Sumitomo Mitsui Banking Corporation Europe Limited et Unicredit Luxembourg S.A.
As arrangers : ANZ Bank (Europe) Limited, Riyad Bank London Branch, Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile de France
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
Alexandre Perra Tel. +33 1 57 77 87 26 [email protected]
Press contacts : Investor 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