fwp
     Filed pursuant to Rule 433
Registration Statement Nos. 333-159335 and
333-159335-01
June 17, 2010
Final Term Sheet
TOTAL CAPITAL
(A wholly-owned subsidiary of TOTAL S.A.)
$1,250,000,000 3.000% Guaranteed Notes Due 2015
$1,250,000,000 4.450% Guaranteed Notes Due 2020
Guaranteed on an unsecured, unsubordinated basis by
TOTAL S.A.
     
$1,250,000,000 3.000% Guaranteed Notes Due 2015
 
   
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
  3.000% Guaranteed Notes due 2015
 
   
Total initial principal amount
being issued
  $1,250,000,000 
 
   
Issue Price
  99.609% 
 
   
Pricing date
  June 17, 2010
 
   
Expected settlement date
  June 24, 2010 (T+5)
 
   
Maturity date
  June 24, 2015, unless earlier redeemed
 
   
Optional redemption terms
  Make-whole call at Treasury Rate plus 20 basis points
 
   
 
  Tax call
 
   
Interest rate
  3.000% per annum
 
   
Benchmark Treasury
  2.125% due May 2015
 
   
Benchmark Treasury Price
  100 21 
 
   
Benchmark Treasury Yield
  1.985% 
 
   
Spread to Benchmark
   
Treasury
  110 bps
 
   
Yield to Maturity
  3.085% 

 


 

     
Date interest starts accruing
  June 24, 2010
 
   
Interest payment dates
  Each June 24 and December 24
 
   
First interest payment date
  December 24, 2010
 
   
Regular record dates for
interest
  Each June 9 and December 9
 
   
Trustee
  The Bank of New York Mellon
 
   
Listing
  None
 
   
Denominations
  $1,000 and increments of $1,000
 
   
Expected ratings of the notes
  Moody’s: Aa1/Stable
 
  Standard & Poor’s: AA/Negative
 
   
 
  Ratings are not a recommendation to purchase, hold or sell notes, inasmuch as the ratings do not comment as to market price or suitability for a particular investor. The ratings are based upon current information furnished to the rating agencies by the Total Capital and TOTAL S.A. and information obtained by the rating agencies from other sources. The ratings are only accurate as of the date thereof and may be changed, superseded or withdrawn as a result of changes in, or unavailability of, such information, and therefore a prospective purchaser should check the current ratings before purchasing the notes. Each rating should be evaluated independently of any other rating.
 
   
CUSIP/ ISIN
  89152U AC6 
 
   
 
  US89152UAC62 
 
   
Selling restrictions
  European Economic Area, France, UK
 
   
Managers
  Banc of America Securities LLC
 
  Barclays Capital Inc.
 
  HSBC Securities (USA) Inc.
 
  Credit Suisse Securities (USA) LLC
 
  UBS Securities LLC

 


 

     
$1,250,000,000 4.450% Guaranteed Notes Due 2020
 
   
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
  4.450% Guaranteed Notes due 2020
 
   
Total initial principal amount
being issued
  $1,250,000,000 
 
   
Issue Price
  99.601% 
 
   
Pricing date
  June 17, 2010
 
   
Expected settlement date
  June 24, 2010 (T+5)
 
   
Maturity date
  June 24, 2020, unless earlier redeemed
 
   
Optional redemption terms
  Make-whole call at Treasury Rate plus 20 basis points
 
   
 
  Tax call
 
   
Interest rate
  4.450% per annum
 
   
Benchmark Treasury
  3.500% due May 2020
 
   
Benchmark Treasury Price
  102 17 
 
   
Benchmark Treasury Yield
  3.200% 
 
   
Spread to Benchmark Treasury
  130 bps
 
   
Yield to Maturity
  4.500% 
 
   
Date interest starts accruing
  June 24, 2010
 
   
Interest payment dates
  Each June 24 and December 24
 
   
First interest payment date
  December 24, 2010
 
   
Regular record dates for
interest
  Each June 9 and December 9
 
   
Trustee
  The Bank of New York Mellon
 
   
Listing
  None
 
   
Denominations
  $1,000 and increments of $1,000
 
   
Expected ratings of the notes
  Moody’s: Aa1/Stable
 
  Standard & Poor’s: AA/Negative
 
   
 
  Ratings are not a recommendation to purchase, hold or sell notes, inasmuch as the ratings do not comment as to market price or suitability for a particular investor. The ratings are based upon

 


 

     
 
  current information furnished to the rating agencies by the Total Capital and TOTAL S.A. and information obtained by the rating agencies from other sources. The ratings are only accurate as of the date thereof and may be changed, superseded or withdrawn as a result of changes in, or unavailability of, such information, and therefore a prospective purchaser should check the current ratings before purchasing the notes. Each rating should be evaluated independently of any other rating.
 
   
CUSIP/ ISIN
  89152U AD4 
 
   
 
  US89152UAD46
 
   
Selling restrictions
  European Economic Area, France, UK
 
   
Managers
  Banc of America Securities LLC
 
  Barclays Capital Inc.
 
  HSBC Securities (USA) Inc.
 
  Credit Suisse Securities (USA) LLC
 
  UBS Securities LLC
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 at www.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 toll-free Banc of America Securities LLC at 1-800-294-1322, Barclays Capital Inc. at 1-888-603-5847, HSBC Securities (USA) Inc. at 1-866-811-8049, Credit Suisse Securities (USA) LLC at 1-800-221-1037 and UBS Securities LLC at 1-877-827-6444 ext. 561 3884.