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Thales — Capital/Financing Update 2014
Dec 22, 2014
1699_iss_2014-12-22_ab38ca3c-6d45-4c73-ba76-a4e0b7dde626.pdf
Capital/Financing Update
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PRESS RELEASE
Neuilly-sur-Seine, 22 December 2014
Thales signs a €1.5bn credit facility
Thales (Euronext Paris: HO) signed on 19 December 2014 a syndicated revolving credit facility with a group of 15 banks(*) for an amount of €1.5 billion, maturing in December 2019, with two optional one-year extensions. The facility will refinance the previous undrawn facility maturing in December 2015 and offers significantly improved conditions.
The facility will be available for general corporate purposes. It forms part of the prudent liquidity management of Thales and maintains the Group's financial flexibility. The transaction was significantly oversubscribed, reflecting the markets confidence in Thales and its financial robustness.
BNP Paribas, Crédit Agricole Corporate & Investment Bank and HSBC acted as global coordinators. Crédit Agricole Corporate & Investment Bank was appointed as facility agent.
(*) As mandated lead arrangers and bookrunners: Banco Santander, S.A., The Bank Of Tokyo-Mitsubishi UFJ, Ltd., BNP Paribas, Commerzbank Aktiengesellschaft, filiale Luxemburg, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial, HSBC France, Natixis, The Royal Bank Of Scotland Plc and Société Générale Corporate & Investment Banking
As mandated lead arrangers: Barclays Bank Plc, Sumitomo Mitsui Banking Corporation Europe Limited and Unicredit Luxembourg S.A.
As arrangers: ANZ Bank (Europe) Limited and National Bank of Abu Dhabi PJSC, succursale de Paris
About Thales
Thales is a global technology leader in the Aerospace, Transportation, Defence and Security markets. In 2013, the company generated revenues of €14.2 billion, with 65,000 employees in 56 countries. With its 25,000 engineers and researchers, Thales has a unique capability to design and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations working closely with customers around the world.
www.thalesgroup.com
Key points
- Signature of €1.5bn credit facility with 15 international banks
- Renewal and improvement of the conditions of an existing credit facility
Contacts
Media Relations
Matt Pothecary
+33 (0)1 57 77 86 26 [email protected]
Investor Relations
Jean-Claude Climeau +33 (0)1 57 77 89 02 [email protected]