Issuer
|
Total Capital | |
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
|
4.250% Guaranteed Notes due 2021 | |
Total initial principal amount
being issued
|
$500,000,000 | |
Issue Price
|
98.898% | |
Issuance date
|
December 15, 2009 | |
Maturity date
|
December 15, 2021, unless earlier redeemed | |
Optional redemption terms
|
Make-whole call at Treasury Rate plus 15 basis points | |
Tax call | ||
Interest rate
|
4.250% per annum | |
Benchmark Treasury
|
3.375% due November 2019 | |
Benchmark Treasury Price
|
100 1+ | |
Benchmark Treasury Yield
|
3.369% | |
Spread to Benchmark
Treasury
|
100bps | |
Yield to Maturity
|
4.369% | |
Date interest starts accruing
|
December 15, 2009 | |
Interest due dates
|
Each June 15 and December 15 |
1
First interest due date
|
June 15, 2010 | |
Regular record dates for
interest
|
Each June 1 and December 1 | |
Trustee
|
The Bank of New York Mellon | |
Listing
|
None | |
Denominations
|
$1,000 and increments of $1,000 | |
Expected settlement date
|
December 15, 2009 (T+5) | |
Expected ratings of the notes
|
Moodys: Aa1/Stable | |
Standard & Poors: AA/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 the Total Capital 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 The ratings are only accurate as of the date thereof and may be changed, superseded or withdrawn as a result of changes in, or unavailability of, such information, and therefore a prospective purchaser should check the current ratings before purchasing the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
|
89152U AB8/ US89152UAB89 | |
Selling restrictions
|
European Economic Area, France, UK | |
Manager
|
Banc of America Securities LLC | |
Use of Proceeds
|
General corporate purposes |
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