New Issue-Thales prices dual tranche deal

Wed Mar 13, 2013 10:35am EDT

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Mar 13 (Reuters) -Following are terms and conditions

of a dual tranche deal priced on Wednesday.

Borrower Thales SA

* * * *

Tranche 1

Issue Amount 500 million euro

Maturity Date March 20, 2018

Coupon 1.625 pct

Reoffer price 99.824

Yield 1.662 pct

Spread 75 basis points

Underlying govt bond Over Mid-swaps, equivalent to 122.8bp

over the OBL#165

ISIN XS0906792014

* * * *

Tranche 2

Issue Amount 300 million euro

Maturity Date March 19, 2021

Coupon 2.25 pct

Reoffer price 99.322

Yield 2.344 pct

Spread 90 basis points

Underlying govt bond Over Mid-swaps, equivalent to 132.5bp

over the 2.5 pct 2021 DBR

ISIN XS0906792105

* * * *

Common Terms

Payment Date March 20, 2013

Lead Manager(s) BNP Paribas, Deutsche Bank, HSBC, Societe Genrale CIB,

Credit Agricole CIB, Citi & Natixis

Ratings A2 (Moody's)

Listing Paris

Full fees Undisclosed

Denoms (K) 100

Governing Law English

Notes Launched under issuer's EMTN programme

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

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Data supplied by International Insider.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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