Filed pursuant to Rule 433
Registration Statement Nos. 333-159335 and
333-159335-01
September 8, 2010
Registration Statement Nos. 333-159335 and
333-159335-01
September 8, 2010
Final Term Sheet
TOTAL CAPITAL
(A wholly-owned subsidiary of TOTAL S.A.)
$1,000,000,000 2.300% Guaranteed Notes Due 2016
(A wholly-owned subsidiary of TOTAL S.A.)
$1,000,000,000 2.300% Guaranteed Notes Due 2016
Guaranteed on an unsecured, unsubordinated basis by
TOTAL S.A.
TOTAL S.A.
Issuer | Total Capital | |
Guarantee | Payment of the principal of, premium, if any, and interest on the notes is guaranteed by TOTAL S.A. | |
Format | SEC-registered global notes | |
Title | 2.300% Guaranteed Notes due 2016 | |
Total initial principal amount being issued | $1,000,000,000 | |
Issue Price | 99.754 | |
Pricing date | September 8, 2010 | |
Expected settlement date | September 15, 2010 (T+5) | |
Maturity date | March 15, 2016, unless earlier redeemed | |
Optional redemption terms | Make-whole call at Treasury Rate plus 15 basis points | |
Tax call | ||
Interest rate | 2.300% per annum | |
Benchmark Treasury | 1.250% due August 2015 | |
Benchmark Treasury Price | 99-013/4 | |
Benchmark Treasury Yield | 1.448% | |
Spread to Benchmark Treasury | 90 bps | |
Yield to Maturity | 2.348% |
Date interest starts accruing | September 15, 2010 | |
Interest payment dates | Each September 15 and March 15 | |
First interest payment date | March 15, 2011 | |
Regular record dates for interest | Each September 1 and March 1 | |
Trustee | The Bank of New York Mellon | |
Listing | None | |
Denominations | $1,000 and increments of $1,000 | |
CUSIP/ ISIN | 89152UAE2 / US895152UAE29 | |
Selling restrictions | European Economic Area, France, UK, Canada, Hong Kong, Singapore, Japan | |
Managers | BNP Paribas Securities Corp. | |
Deutsche Bank Securities Inc. | ||
Morgan Stanley & Co. Incorporated |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting IDEA on the SEC Web site atwww.sec.gov.Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. toll-free 1-800-854-5674, by calling Deutsche Bank Securities Inc. toll-free 1-800-503-4611, or by calling Morgan Stanley & Co. Incorporated toll-free 1-866-718-1649.
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