Total Capital plans three-part notes due 2019, 2021 for Monday pricing

By Aleesia Forni

Virginia Beach, June 16 – Total Capital International, a wholly owned subsidiary of Total SA, is planning to price a benchmark three-part offering of senior notes on Monday, according to a market source and a 424B5 filed with the Securities and Exchange Commission.

The notes will be sold in fixed- and floating-rate tranches due 2019 and a fixed-rate tranche due 2021.

Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., RBC Capital Markets LLC, Goldman Sachs & Co. and Morgan Stanley & Co. LLC are the joint bookrunners.

Proceeds will be used for general corporate purposes.

The oil and gas company's notes are guaranteed by parent company Total SA, based in Courbevoie, France.

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