{"id":433906,"date":"2026-08-24T11:11:32","date_gmt":"2026-08-24T08:11:32","guid":{"rendered":"https:\/\/defensehere.com\/?p=433906"},"modified":"2026-08-24T11:11:32","modified_gmt":"2026-08-24T08:11:32","slug":"thales-raises-e1-billion-to-fund-exail-acquisition","status":"publish","type":"post","link":"https:\/\/defensehere.com\/en\/thales-raises-e1-billion-to-fund-exail-acquisition\/","title":{"rendered":"Thales raises \u20ac1 billion to fund Exail acquisition"},"content":{"rendered":"<p class=\"isSelectedEnd\">French defense and technology company Thales issued \u20ac1 billion in bonds on August 20, 2026, to finance its planned acquisition of high-tech industrial company Exail.<\/p>\n<p class=\"isSelectedEnd\">The bond issue was split into two \u20ac500 million tranches. The first has a four-year term and a fixed coupon of 3.50%, while the second has an eight-year term and a fixed coupon of 3.75%.<\/p>\n<p class=\"isSelectedEnd\">The issue attracted strong investor demand and was widely subscribed to by a diversified investor base, reflecting market confidence in Thales\u2019 credit quality, according to the company&#8217;s press release. The company is rated A2 with a stable outlook by Moody\u2019s and A- with a stable outlook by S&amp;P Global Ratings.<\/p>\n<p class=\"isSelectedEnd\">The issuance was managed by Cr\u00e9dit Agricole Corporate &amp; Investment Bank as global coordinator, alongside BNP Paribas, Deutsche Bank, J.P. Morgan, Natixis, Santander, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, Barclays, CIC, Commerzbank, HSBC, and UniCredit as bookrunners.<\/p>\n<p>Thales announced plans to acquire Exail on July 6, 2026, with the aim of strengthening its position in the underwater warfare market and expanding its capabilities in inertial navigation systems through Exail\u2019s complementary expertise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French defense and technology company Thales issued \u20ac1 billion in bonds on August 20, 2026, to finance its planned acquisition of high-tech industrial company Exail. The bond issue was split into two \u20ac500 million tranches. The first has a four-year term and a fixed coupon of 3.50%, while the second has an eight-year term and [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":433915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62732,58726,59168,4509,4353],"tags":[58815,64708],"class_list":["post-433906","post","type-post","status-publish","format-standard","has-post-thumbnail","category-all-news-fr-en","category-defense-industry","category-france","category-headlines-en-tr","category-thales-en","tag-exail-en-2","tag-investment"],"acf":[],"_links":{"self":[{"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/posts\/433906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/comments?post=433906"}],"version-history":[{"count":0,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/posts\/433906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/media\/433915"}],"wp:attachment":[{"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/media?parent=433906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/categories?post=433906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/defensehere.com\/en\/wp-json\/wp\/v2\/tags?post=433906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}