Bond Air liquide 3% ( FR0011790294 ) in EUR

Air liquide

100 % ▼

France

FR0011790294 ( in EUR )

3% per year ( payment 1 time a year)

16/03/2029

Prospectus brochure of the bond Air Liquide FR0011790294 en EUR 3%, maturity 16/03/2029

100 000 EUR

100 000 000 EUR

17/03/2026 ( In 312 days )

Air Liquide is a French multinational industrial gas company specializing in the production and distribution of industrial gases, medical gases, and related services.

The Bond issued by Air liquide ( France ) , in EUR, with the ISIN code FR0011790294, pays a coupon of 3% per year.
The coupons are paid 1 time per year and the Bond maturity is 16/03/2029

Final Terms dated 13 March 2014

L' Air Liquide
Air Liquide Finance
Euro 9,000,000,000
Euro Medium Term Note Programme
for the issue of Notes
Due from one month from the date of original issue
SERIES NO: 21
TRANCHE NO: 1
Issue of EUR100,000,000 Fixed Rate Notes due 17 March 2029
by: Air Liquide Finance (the "Issuer")
unconditionally and irrevocably guaranteed by: L'Air Liquide (the "Guarantor")
Citigroup Global Markets Limited

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the
Debt Issuance Programme Prospectus dated 6 June 2013 and the supplements to the Debt Issuance
Programme Prospectus dated 30 September 2013, 26 November 2013 and 21 February 2014 which together
constitute a Debt Issuance Programme Prospectus for the purposes of the Prospectus Directive (Directive
2003/71/EC) as amended by the 2010 PD Amending Directive (Directive 2010/73/EU)(the "Prospectus
Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of
Article 5.4 of the Prospectus Directive and must be read in conjunction with such Debt Issuance Programme
Prospectus as so supplemented. Full information on the Issuer and the offer of the Notes is only available on
the basis of the combination of these Final Terms and the Debt Issuance Programme Prospectus. The Debt
Issuance Programme Prospectus and the supplements to the Debt Issuance Programme Prospectusare available
for viewing at the office of the Fiscal Agent or the Paying Agent and on the websites of (a) the Luxembourg
Stock Exchange (www.bourse.lu) and (b) the Issuer (www.airliquide.com) and copies may be obtained from
Air Liquide Finance, 6, rue Cognacq-Jay, 75007 Paris, France. The Final Terms are available for viewing at
the office of the Fiscal Agent or the Paying Agent and copies may be obtained from L'Air Liquide, 75, quai
d'Orsay, 75007 Paris, France and Air Liquide Finance, 6, rue Cognacq-Jay, 75007 Paris, France.

(i)
Series Number:
21
(ii)
Tranche Number:
1
(iii)
Date on which the Notes become fungible: Not Applicable
2
Specified Currency or Currencies:
Euro ("EUR")
3
Aggregate Nominal Amount:

(i)
Series:
EUR100,000,000
(ii)
Tranche:
EUR100,000,000
4
Issue Price:
100.00 per cent. of the Aggregate Nominal Amount
5
Specified Denomination(s):
EUR100,000
6
(i)
Issue Date:
17 March 2014
(ii)
Interest Commencement Date:
The Issue Date
7
Maturity Date:
17 March 2029
8
Interest Basis:
3.00 per cent. Fixed Rate
9
Redemption/Payment Basis:
Redemption at par
10
Change of Interest Basis:
Not Applicable

11
Put/Call Options:
Not Applicable
12
(ii)
Status of the Guarantee:
Unsubordinated
(ii)
Dates of the corporate
Decision of the Conseil d'Administration of the Issuer
authorisations for issuance of the Notes:
dated 31 May 2013 authorising the issue of negotiable
debt instrument (obligations) up to a maximum
outstanding amount of EUR 9,000,000,000, together
with the decision of Mrs. Fabienne LECORVAISIER,
Président Directeur Général of the Issuer, approving
the issue of the Notes and determining their terms and
conditions dated 10 March 2014.

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13
Fixed Rate Note Provisions
Applicable

(i)
Rate of Interest:
3.00 per cent. per annum payable annually in arrear on each
Interest Payment Date
(ii)
Interest Payment Date(s):
17 March in each year, from and including 17 March 2015,
to and including the Maturity Date
(iii)
Fixed Coupon Amount:
EUR3,000 per EUR100,000 in nominal amount
(iv)
Broken Amounts:
Not Applicable
(v)
Day Count Fraction (Condition 6(a)):
Actual/Actual ICMA

(vi)
Determination Date(s) (Condition 6(a)):
17 March in each year.
14
Floating Rate Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION

16
Call Option
Not Applicable
17
Make-Whole Redemption by the Issuer
Not Applicable
(Condition 7(b))
18
Put Option
Not Applicable
19
Residual Maturity Call Option :
Not Applicable
20
Change of Control Put Option
Applicable
21
Final Redemption Amount of each Note
EUR100,000 per Note of EUR100,000 Specified
Denomination
22
Early Redemption Amount

(i)
Early Redemption Amount(s) of each Note
As per the Conditions
payable on redemption for taxation reasons (Condition
7(g)), for illegality (Condition 7(j)) or an event of default
(Condition 10):
(ii)
Redemption for taxation reasons permitted on
Yes
days others than Interest Payment Dates (Condition 7(g)):
(iii)
Unmatured Coupons to become void upon early
Not Applicable
redemption (Materialised Bearer Notes only) (Condition
8(f)):

GENERAL PROVISIONS APPLICABLE TO THE NOTES

23
Form of Notes:
Dematerialised Notes
(i)
Form of Dematerialised Notes:
Bearer dematerialised form
(au porteur) only
(ii)
Registration Agent:
Not Applicable
(iii)
Temporary Global Certificate:
Not Applicable
(iv)
Applicable TEFRA exemption:
Not Applicable
24
Financial Centre(s):
TARGET2

25
Talons for future Coupons to be at ached to Definitive Notes Not Applicable.
(and dates on which such Talons mature):

26
Possibility of resale of purchased Notes in accordance with Yes
Article L.213-1 A and D.213-1 A of the French
Code monétaire et financier:

27
Masse (Condition 12):
Full Masse shall apply

Name and address of the Representative: Amaury Gosse
Citigroup Global Markets Limited
Citigroup Centre, Canada Square
Canary Wharf
London E14 5LB

Name and address of the alternate Representative: Not
Applicable

The Representative will receive no remuneration

LISTING AND ADMISSION TO TRADING APPLICATION
These Final Terms comprise the final terms required to list and have admitted to trading the issue of Notes
described herein pursuant to the Euro 9,000,000,000 Euro Medium Term Note Programme of L' Air Liquide
and Air Liquide Finance.
Signed on behalf of the Issuer:
By: ________________________
Duly authorised
Signed on behalf of the Guarantor:
By: ________________________
Duly authorised
____________________

PART B OTHER INFORMATION
1
LISTING A ND ADMISSION TO TRADING

(i)
Listing:
Official List of the Luxembourg Stock Exchange
(ii)
Admission to trading:
Application has been made for the Notes to be admitted to trading on the
Regulated Market of the Luxembourg Stock Exchange
(iii)
Estimate of total expenses related to
EUR 7,300
admission to trading:
(iv)
Regulated markets or equivalent markets Not Applicable
on which, to the knowledge of the
issuer, securities of the same class of the
securities to be offered or admit ed to
trading are already admitted to trading:

2
RATINGS

Ratings:
The Notes to be issued have not been rated.

3
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
"So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the
offer."

4
Fixed Rate Notes only YIELD

Indication of yield:
3.00 per cent.

5
OPERATIONAL INFORMATION

ISIN Code:
FR0011790294
Common Code:
104580459

Depositaries:
(i)
Euroclear France to act as Central Depositary:
Yes
(i )
Common Depositary for Euroclear and
Clearstream Luxembourg:
Yes
Any clearing system(s) other than Euroclear and Euroclear France
Clearstream, Luxembourg and the relevant
identification number(s):
Delivery:
Delivery against payment
Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):

6 GENERAL

The aggregate principal amount of Notes issued Not Applicable
has been translated into Euro at the rate of [·]
producing a sum of:
7 DISTRIBUTION

(i)
Method of distribution:
Non-syndicated
(ii)
If syndicated:

(A)
Names of Managers:
Not Applicable
(B)
Stabilising Manager(s) if any:
Not Applicable
(iii)
If non-syndicated, name of Dealer:
Citigroup Global Markets Limited
(iv)
US Selling Restrictions (Categories of
Reg. S Compliance Category 2 applies to the Notes;
potential investors to which the Notes are TEFRA not applicable
offered):