Total back in sterling for another £150m

Ross Lancaster

December 07, 2015 04:00 pm

Total 230x150 — An employee of the 'Total' oil refinery stands in front of a large tank with the company's logo in Leuna, Germany, 12 March 2014. A general inspection under the project title 'Matrix' is being conducted as part of the regular six week inspection cycle, during which the facilities will be inspected and, if necessary, repaired or complemented. The most modern oil refinery in Europe belongs to French oil and gas company Total and processes about 30,000 tons of crude oil daily, which hails mainly from Russia. Photo: Waltraud Grubitzsch/ZB | Waltraud Grubitzsch/DPA Germany

Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.

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Ross Lancaster