Total’s $1.25 Billion Offering

February 19, 2019

Cleary Gottlieb acted as counsel to the underwriters in connection with Total Capital International’s SEC-registered offering of $1.25 billion 3.455% guaranteed notes due 2029.

The notes are guaranteed by Total S.A. (Total). The transaction, which priced on February 11, 2019, and closed on February 19, 2019, was managed by Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., SG Americas Securities LLC, BBVA Securities Inc., and Credit Suisse Securities (USA) LLC.

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.