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Total issues $1.25B in notes, reports best results in five years

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Total issued $1.25 billion aggregate principal amount of 3.455% guaranteed notes due 2029 at 100, bringing its total bonds and notes outstanding up to more than $41.5 billion. The company’s combined total debt amounts to almost $61.5 billion, including the new notes. Goldman Sachs, Morgan Stanley, MUFG, Société Générale, BBVA and Credit Suisse underwrote the notes, proceeds from which will be used for general corporate purposes. The issuing entity was the A+ rated French supermajor’s finance arm Total Capital International. Including the......
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