Thales — Capital/Financing Update 2023

Oct 11, 2023

Thales finalizes the financing of its contemplated Imperva acquisition, issuing a €1.8bn bond

Thales (Euronext Paris : HO) has launched today a 3-tranche bond issue for a total amount of €1.8 billion, aimed to finance the Imperva acquisition, announced on July 25.

This new issuance is in the form of:

• A 2-year €600 million tranche, at fixed rate with a 4% coupon;
• A 5-year €600 million tranche, at fixed rate with a 4.125% coupon;
• A 8-year €600 million tranche, at fixed rate with a 4.25% coupon.

This issue, widely subscribed by a diversified investor base, confirms the confidence of the market in the creditworthiness of the Group, which is rated A2 (outlook: stable) by Moody's and A- (outlook: stable) by S&P Global Ratings.

The placement of this issue was led by BNP Paribas, Crédit Agricole Corporate & Investment Bank and Deutsche Bank (global coordinators), alongside HSBC, J.P. Morgan, Natixis, Santander, Société Générale, UniCredit, Barclays, BBVA, CIC, Citibank and Commerzbank as bookrunners.

PRESS RELEASE 11 October 2023 Meudon

About Thales

Thales (Euronext Paris: HO) is a global leader in advanced technologies within three domains: Defense & Security, Aeronautics & Space, and Digital identity & Security. It develops products and solutions that help make the world safer, greener and more inclusive.

The Group invests close to €4 billion a year in Research & Development, particularly in key areas such as quantum technologies, Edge computing, 6G and cybersecurity.

Thales has 77,000¹ employees in 68 countries. In 2022, the Group generated sales of €17.6 billion.

¹ These figures do not include the Transport business, which is currently being divested.

CONTACTS

Thales, Media Relations FIND OUT MORE Cédric Leurquin +33 6 31 01 53 25 cedric.leurquin@thalesgroup.com

_____________________________

Thales, Analysts / Investors Alexandra Boucheron +33 6 62 07 87 72 ir@thalesgroup.com