Press Room

Natixis sole bookrunner and structurer of Pays de la Loire region issue

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Payments
EMEA
France
Paris, France, October 19, 2009

Natixis has just completed the Pays de la Loire bond issue, which was part of the regional plan to combat the economic crisis, calling on inhabitants of the region who wish to support the economy. This €259m regional plan to combat the economic crisis, partly financed by the issue, will fund the construction of four new high schools, training centers, research equipment, transport infrastructure, and also support investment from the region’s towns and cities.

Natixis structured and managed this inaugural operation, which was distributed by the Caisses d’Epargne and Banques Populaires networks, along with the other main French retail banks.

This 6-year issue with a coupon of 4% met with resounding success when it was launched on 21 September. Demand was very strong from the outset right until the subscription period ended on 9 October. Overall, close to 146,000 shares were bought by individual investors for a total of €73m. The remainder of the issue (10%) was allocated to regional institutional investors.

This operation confirms Natixis’ leadership on the French local authority bond market.

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Natixis sole bookrunner and structurer of Pays de la Loire region issue

October 19, 2009

Natixis sole bookrunner and structurer of Pays de...

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Press contacts

Sonia Dilouya

Sonia Dilouya

Press Relations, Natixis

+33 1 58 32 01 03

Vanessa Stephan

Vanessa Stephan

Press Relations, Natixis

+33 1 58 19 34 16

Daniel Wilson

Daniel Wilson

Head of Press Relations and Social Media, Natixis

+33 1 58 19 10 40

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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 €11.8 billion, a Basel 3 CET1 Ratio(1) of 11.7% 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

Figures as at 30 September 2020.

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