Total refreshes hybrid stack with new €1.5bn and buyback

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Total refreshes hybrid stack with new €1.5bn and buyback

GlobalCapital
March 27, 2019 07:30 PM
Total SA oil sign from Alamy 230x150
PKE5F0 Illuminated sign of the Total oil company along the E42 motorway in Wanlin (Belgium, 17/04/2010) | Alamy Stock Photo

Total, the French oil company, issued a €1.5bn hybrid capital bond on Wednesday, at the same time as launching a tender offer to buy back some of its €2.5bn call February 2021 and €1.75bn call May 2022 hybrids.

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HybridBank of AmericaEuropeCrédit AgricoleCitiFranceBarclaysEMEACorporate Bonds
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