Press Release

DBRS No Longer Provides Public Coverage of Total S.A. and Subsidiaries’ Long-Term Ratings

Energy
October 11, 2013

DBRS will no longer provide public coverage for the issuer rating and long-term ratings of Total S.A. and its subsidiaries (the Company). DBRS notes that this action is unrelated to the credit profile of the Company. DBRS will continue to maintain public coverage of the short-term ratings of Total S.A. and its subsidiaries.

Note:
The applicable methodology is Rating Companies in the Oil and Gas Industry (July 2013), which can be found on our website under Methodologies

Ratings

Total Capital Canada Ltd.
  • Date Issued:Oct 11, 2013
  • Rating Action:Discontinued
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Total Capital International S.A.
  • Date Issued:Oct 11, 2013
  • Rating Action:Discontinued
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Total Capital SA
  • Date Issued:Oct 11, 2013
  • Rating Action:Discontinued
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Total S.A.
  • Date Issued:Oct 11, 2013
  • Rating Action:Discontinued
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Oct 11, 2013
  • Rating Action:Discontinued
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

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