Thales €600m 0.75% bond due 2023
Refinance the €600m bond maturing in October 2016
Key terms
- Borrower or issuer
- Thales
- Date
- 31 May 2016
- Type
- Bond
- Amount
- €600m (US$664m)
- Pricing
- 0.75%
- Maturity
- 2023
Recorded terms
- Structure
- Fixed-rate bond
- Lenders and arrangers
- Lead managers: BNP Paribas, Crédit Agricole CIB, Commerzbank, HSBC, MUFG, Société Générale CIB
- Country
- France
Parties
- Thales borrower or issuer
- bookrunner/arranger: HSBC, BNP Paribas, Credit Agricole CIB, Societe Generale, MUFG, Commerzbank
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 11 Aug 2016 | General Dynamics US$1,000m senior notes (2 tranches) | Bond | US$1bn |
| 7 Mar 2016 | Textron US$350m 4.000% notes due 2026 | Bond | US$350m |
| 4 Oct 2016 | Babcock International £300m 1.875% bonds due 2026 | Bond | £300m |
| 31 Oct 2016 | RTX (Raytheon Technologies) US$4,000m senior notes (5 tranches) | Bond | US$4bn |
| 4 Dec 2015 | BAE Systems US$1.5bn guaranteed notes (3 tranches) | Bond | US$1.5bn |
More from Thales
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 Aug 2026 | Thales €1bn bond to finance the Exail acquisition | Bond | €1bn |
| Oct 2023 | Thales €1.2bn bonds due 2028 and 2031 | Bond | €1.2bn |
| Jun 2023 | Thales €500m 3.625% bond due 2029 | Bond | €500m |
| 19 Nov 2020 | Thales €500m 0% bond due 2026 | Bond | €500m |
| 7 May 2020 | Thales €700m 1% bond due 2028 | Bond | €700m |
| 21 May 2019 | Thales €500m 0% bond due 2022 | Bond | €500m |
M&A and investment involving Thales
| Date | Deal | Type | Value |
|---|---|---|---|
| 23 Oct 2025 | Airbus, Thales and Leonardo space business combination (Project Bromo) | JV / capital partnership Announced | Not disclosed |
Sources
- Thales press release filed with the AMF echanges.dila.gouv.fr · 31 May 2016
About this record
Record DEF-2016-0003, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
