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Thales Capital/Financing Update 2020
1699_iss_2020-11-20_c326f343-0779-4ecd-835d-4d5ad6228875.pdf
Capital/Financing Update
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Thales issues a €500m bond
Thales (Euronext Paris: HO) has issued yesterday Thursday November 19th a €500m, 0% fixedrate bond maturing in March 2026.
On the back of favourable market conditions, this issue will be used in particular to partly replace the €2bn syndicated credit facility signed last April as well as to early refinance the two bond issues maturing on 2021. It will strengthen the overall liquidity of Thales, by maintaining the Group's financial flexibility and extending the maturity of its financial resources.
The success of this issue with investors confirms the confidence of the market in the creditworthiness of the Group, which is rated A2 (outlook: negative) by Moody's and BBB+ (outlook: stable) by S&P Global Ratings.
The issue was lead managed by Banco Santander, BNP Paribas, CIC, Commerzbank, Crédit Agricole Corporate & Investment Bank, Deutsche Bank, HSBC, Natixis, Société Générale and Unicredit.
About Thales
Thales (Euronext Paris: HO) is a global technology leader shaping the world of tomorrow today. The Group provides solutions, services and products to customers in the aeronautics, space, transport, digital identity and security, and defence markets. With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a pro forma basis including Gemalto over 12 months).
Thales is investing in particular in digital innovations – connectivity, Big Data, artificial intelligence and cybersecurity – technologies that support businesses, organisations and governments in their decisive moments.
CONTACTS
Thales, Media Relations Cédric Leurquin +33 (0)1 57 77 90 93 [email protected]
Thales, Analysts / investors Bertrand Delcaire +33 (0)1 57 77 89 02 [email protected]
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