Latham & Watkins Advises TotalEnergies in Trans-Atlantic Bond Financings

TotalEnergies, a global integrated energy company active in c.120 countries, has closed a US public offering of US$750 million of 4.724% Notes Due 2034, US$1 billion of 5.275% Notes Due 2054, and US$1.25 billion of 5.425% Notes Due 2064, in each case issued by TotalEnergies Capital and guaranteed by TotalEnergies SE.

TotalEnergies has also closed the update of its €40 billion Euro Medium Term Note (EMTN) program, permitting TotalEnergies SE and its subsidiaries TotalEnergies Capital and TotalEnergies Capital International to issue senior notes and deeply subordinated notes. The EMTN prospectus was registered with the French Autorité des Marchés Financiers.

For the US offering, TotalEnergies was advised by Latham & Watkins with a corporate team led by Paris partner Roberto Reyes Gaskin and Houston partners Ryan Lynch and Ryan Maierson, with Paris partner Thomas Vogel, supported by associates Kate Wang, Brian Bruzzo, and Madeleine Hahn de Bykhovetz. Advice was also provided on US tax matters by Houston partners Tim Fenn, Bryant Lee, and Jared Grimley with associate Dylan White; and on French tax matters by Paris partner Olivia Rauch-Ravisé, with associate Andréa Stapts.

For the EMTN update, TotalEnergies was advised by Latham & Watkins with a corporate team led by Paris partners Roberto Reyes Gaskin and Thomas Vogel with associates Jaime Hall and Madeleine Hahn de Bykhovetz.