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Natixis awarded ‘Euro Lead Manager’ in The Covered Bond Report Awards for Excellence 2015
Natixis has been awarded the title of ‘Lead Manager’ for euro-denominated covered bonds by The Covered Bond Report. Natixis’ 2015 title, awarded by the magazine’s panel of judges following a nomination process, comes as recognition of the Bank’s specialist expertise, commitment to innovation and focus on client-centricity, cementing Natixis’ continued position as a European market leader in this asset class.
The Covered Bond Report is an online and bi-monthly magazine devoted to the covered bond market. The publication’s highly-competitive Awards for Excellence recognise deals, institutions and ideas that are deemed best in class and which have contributed to the development of covered bonds over a 12-month period.
Global expertise
Since the beginning of the year, Natixis has led nearly 50% of euro public-sector covered bonds (source Dealogic 15/05/2015) operating in all active jurisdictions, including Australia, Austria, Benelux, Canada, France, Germany, Italy, New Zealand, Spain, Turkey, The United Kingdom and the Nordics. With extensive expertise and an in-depth understanding of both investor and issuer requirements, Natixis is well-positioned to lead the fast-paced growth of the covered bond market. Such growth is likely to be most apparent in emerging markets such as Turkey, thanks to covered bonds’ vital role in refinancing financial institutions and providing liquidity under more favourable conditions.
Natixis’ Global head of Fixed-Income Alain Gallois says “This award comes at an extremely active time for covered bonds, but despite challenging markets and volatility, Natixis’ constant innovation and client focused approach has enabled us to become a leading player in the market. Indeed, our focus now is to maintain our leadership position through continuous quality of issuance, excellent primary lead-managed deals, and expanding our presence within emerging markets.”
Leading position
Natixis’ market-leading role in the covered bond market is frequently recognized, with recent award wins including:
- #1 Bookrunner in The Euro Primary covered bond market 2014 (Source: Dealogic)
- Best Euro Lead Manager for covered bonds 2013 (Source: The Cover/Euroweek, Covered Bond Awards 2013)
- #1 Bookrunner in The Euro Primary covered bond market 2012 (Sources: Dealogic and IFR - Thomson Reuters)
- Best Euro Lead Manager for covered bonds 2012 (Source: The Cover/Euroweek, Covered Bond Awards 2012)
- Best Overall Bank for covered bonds 2011 (source: The Cover / Euroweek -Covered Bond Awards 2011)
About Natixis
Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.4 billion, a Basel 3 CET1 Ratio(1) of 11.5% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in and including current financial year’s earnings and accrued dividend (based on a 60% pay-out).
Figures as at 30 September 2019.
