Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
24 Juin 2020 - 11:18PM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration No. 333-224307 and
333-224307-01
June 24, 2020
Final Term Sheet
TOTAL
CAPITAL INTERNATIONAL
(A wholly-owned subsidiary of TOTAL S.A.)
$800,000,000 2.986% Guaranteed Notes Due 2041
$800,000,000 3.386% Guaranteed Notes Due 2060
Guaranteed on an unsecured, unsubordinated basis by
TOTAL S.A.
|
|
|
|
|
Issuer
|
|
Total Capital International
|
Guarantee
|
|
Payment of the principal of, premium, if any, and interest on the notes is guaranteed by TOTAL
S.A.
|
Format
|
|
SEC-registered global notes
|
Title
|
|
2.986%
Guaranteed Notes Due June 29, 2041 (the 2041 notes)
3.386% Guaranteed Notes Due June 29, 2060 (the 2060 notes)
|
Total Initial Principal Amount Being Issued
|
|
$800,000,000
|
|
$800,000,000
|
Issue Price
|
|
100.000%
|
|
100.000%
|
Pricing Date
|
|
June 24, 2020
|
Expected Settlement Date
|
|
June 29, 2020 (T+3)
|
Maturity Date
|
|
June 29, 2041
|
|
June 29, 2060
|
Day Count
|
|
30/360
|
Day Count Convention
|
|
Following, unadjusted
|
Optional Redemption Terms
|
|
Prior to December 29, 2040 (the date
that is 6 months prior to the stated maturity of the 2041 notes), make-whole call at Treasury Rate plus 25 basis points
On or after December 29, 2040 (the date that is 6 months prior to the stated maturity of the 2041 notes), call at par
Tax call at par
|
|
Prior to December
29, 2059 (the date that is 6 months prior to the stated maturity of the 2060 notes), make-whole call at Treasury Rate plus 30 basis points
On or after December 29, 2059 (the date that is 6 months prior to the stated maturity of the 2060 notes), call at par
Tax call at par
|
Interest Rate
|
|
2.986%
|
|
3.386%
|
Benchmark Treasury
|
|
2.000% due February 15, 2050
|
|
2.000% due February 15, 2050
|
Benchmark Treasury Price
|
|
113-18
|
|
113-18
|
Benchmark Treasury Yield
|
|
1.436%
|
|
1.436%
|
Spread to Benchmark Treasury
|
|
+155bps
|
|
+195bps
|
Yield to Maturity
|
|
2.986%
|
|
3.386%
|
Date Interest Starts Accruing
|
|
June 29, 2020
|
Interest Payment Dates
|
|
Each June 29 and December 29
|
|
|
|
|
|
First Interest Payment Date
|
|
December 29, 2020
|
Regular Record Dates for Interest
|
|
Each June 14 and December 14
|
Trustee
|
|
The Bank of New York Mellon
|
Listing
|
|
None
|
Denominations
|
|
$2,000 and increments of $1,000
|
Expected Ratings of the Notes
|
|
Moodys : Aa3 (Negative) / Standard & Poors: A+ (Negative)
Ratings are not a recommendation to purchase, hold or sell notes, inasmuch as the ratings do not comment as to market price or suitability for a particular
investor. The
ratings are based upon current information furnished to the rating agencies by Total Capital International and TOTAL S.A. and information
obtained by the rating
agencies from other sources. The ratings are only accurate as of the date thereof and may be changed, superseded or withdrawn as a
result of changes in, or unavailability of, such information, and therefore a prospective purchaser should check the current ratings before purchasing the notes. Each rating should be evaluated independently of any other rating.
|
CUSIP/ISIN
|
|
89153V AX7 / US89153VAX73
|
|
89153V AW9 / US89153VAW90
|
Selling Restrictions
|
|
Prohibition of Sales to EEA Retail Investors; France; United Kingdom; Canada; Hong Kong; Japan;
Singapore; Switzerland and Taiwan
|
Joint Book-Running Managers
|
|
Barclays
Capital Inc.
BofA Securities, Inc.
Citigroup Global Markets
Inc.
Credit Agricole Securities (USA) Inc.
Deutsche Bank
Securities Inc.
HSBC Securities (USA) Inc.
Morgan Stanley
& Co. LLC
MUFG Securities Americas Inc.
Standard
Chartered Bank
|
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this
communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these
documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital
Inc. toll-free at 1-888-603-5847, BofA Securities, Inc. toll-free at 1-800-294-1322, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Credit Agricole Securities (USA) Inc. toll-free at 1-866-807-6030, Deutsche Bank Securities Inc.
toll-free at 1-800-503-4611, HSBC Securities (USA) Inc. toll-free at 1-866-811-8049, Morgan Stanley & Co. LLC toll-free at 1-866-718-1649, MUFG Securities Americas Inc. toll-free at 1-877-649-6848, or Standard Chartered Bank collect at +44
207 855 8888.
TotalEnergies (PK) (USOTC:TTFNF)
Graphique Historique de l'Action
De Août 2024 à Sept 2024
TotalEnergies (PK) (USOTC:TTFNF)
Graphique Historique de l'Action
De Sept 2023 à Sept 2024
Real-Time news about TotalEnergies SE (PK) (OTCMarkets): 0 recent articles
Plus d'articles sur Total S.a.