Total Capital International’s $1.6 Billion Offering

June 29, 2020

Cleary Gottlieb acted as counsel to the underwriters in Total Capital International’s SEC-registered offering of $800 million 2.986% guaranteed notes due 2041 and $800 million 3.386% guaranteed notes due 2060.

The notes are guaranteed by Total S.A. The transaction, which priced on June 24, 2020, and closed on June 29, 2020, was managed by 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., and Standard Chartered Bank.

TOTAL is the fourth-largest publicly traded international oil and gas company, and a major actor in refining and chemicals, marketing, gas, and renewable energy, with operations in more than 130 countries on five continents.