Thales €1bn bond to finance the Exail acquisition
- Issuer or borrower
- Thales
- Date
- 20 Aug 2026
- Amount
- €1bn
- US$ equivalent
- US$1.2bn
- Type
- Bond
- Structure
- Two €500m tranches: 4-year 3.50% and 8-year 3.75%
- Pricing
- 3.50% (4-year), 3.75% (8-year)
- Purpose
- Planned acquisition of Exail (announced 6 July 2026)
- Lenders and arrangers
- Global coordinator Crédit Agricole CIB; bookrunners BNP Paribas, Deutsche Bank, J.P. Morgan, Natixis, Santander, Société Générale, Barclays, CIC, Commerzbank, HSBC, UniCredit
- Country
- France
Sources
- Thales: Thales issues a €1bn bond to finance the planned acquisition of Exail thalesgroup.com · 21 Aug 2026
Checked against the documents above. Record DEF-2026-0019.
Other financings by Thales
| Date | Financing | Type | Amount |
|---|---|---|---|
| Oct 2023 | Thales €1.2bn bonds due 2028 and 2031 | Bond | €1.2bn |
| Jun 2023 | Thales €500m 3.625% bond due 2029 | Bond | €500m |
| Apr 2018 | Thales €1bn bond financing the Gemalto acquisition | Acquisition finance | €1bn |
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 |
