Thales €1bn bond financing the Gemalto acquisition
- Issuer or borrower
- Thales
- Date
- Apr 2018
- Amount
- €1bn
- US$ equivalent
- US$1.2bn
- Type
- Acquisition finance
- Structure
- EMTN bond in two tranches: €500m 2-year floating (3-month EURIBOR + 0.10%) and €500m 6-year 0.875% fixed
- Purpose
- €4.8bn acquisition of Gemalto; allowed cancellation of the December 2017 bridge facility
- Country
- France
Sources
- Thales: finalizes the financing of its proposed Gemalto acquisition thalesgroup.com · Apr 2018
Checked against the documents above. Record DEF-2018-0001.
Other financings by Thales
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 Aug 2026 | Thales €1bn bond to finance the Exail acquisition | Bond | €1bn |
| Oct 2023 | Thales €1.2bn bonds due 2028 and 2031 | Bond | €1.2bn |
| Jun 2023 | Thales €500m 3.625% bond due 2029 | Bond | €500m |
M&A and investment involving Thales
| Date | Deal | Type | Value |
|---|---|---|---|
| 23 Oct 2025 | Airbus, Thales and Leonardo space business combination (Project Bromo) | JV / capital partnership Announced | Not disclosed |
