Thales issues 1%, EUR 700m fixed rate bond

Thales (Euronext Paris: HO) has issued an EUR 700m, 1% fixed-rate bond, maturing in May 2028 to replace the EUR 2bn syndicated credit facility signed in April 2019, the company said.

The bond will strengthen the overall liquidity of Thales, by maintaining the Group´s financial flexibility and extending the maturity of its financial resources.

The issue was lead managed by Banco Santander, BNP Paribas, CIC, Commerzbank, Crédit Agricole Corporate & Investment Bank, Deutsche Bank, HSBC, Natixis, Société Générale and Unicredit.

Thales is a global technology leader that provides solutions, services and products to customers in the aeronautics, space, transport, digital identity and security, and defence markets.