TotalEnergies to redeem €1.75 billion undated notes on May 18

By Wendy Van Sickle

Columbus, Ohio, April 19 – TotalEnergies SE will redeem its €1.75 billion undated deeply subordinated fixed-rate resettable notes (ISIN: XS1413581205) on May 18, according to a news release.

The notes will be redeemed at par plus accrued interest for a total redemption price of €103,875.00 per €100,000 of notes.

The notes were issued on May 18, 2016 and were not callable for six years. Upon redemption, the notes will be canceled.

Based in Paris, the issuer is an oil, gas and solar power company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.