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The Issuance and Sale of Natixis Nikkei Index-Linked Uridashi Notes
Natixis S.A. (“Natixis”) would like to announce the issuance and sale of Nikkei Index-Linked Uridashi notes (“Notes”) issued by Natixis. For this Uridashi transaction, Natixis and Daiwa Capital Markets Europe Limited acted as co-underwriters.
This represents the inaugural Uridashi transaction from Natixis. Natixis is the international wholesale banking, investment management and financial services arm of Groupe BPCE and is in charge of group funding through structured bond issuance.
Following the filing of the initial Securities Registration Statement (“SRS”) on February 13, the Notes were successfully priced and an Amendment to SRS has been filed with the Director-General of the Kanto Local Finance Bureau on February 26.
The Notes will be distributed by Daiwa Securities to Japanese retail and institutional investors during the Offering Period which is scheduled from March 3 to March 12. Natixis is expected to file a Shelf Registration Statement when it will be eligible to do so.
Summary terms of the Notes:
|
Issuer |
Natixis |
|
Programme |
Debt Issuance Programme |
|
Currency |
Japanese yen (JPY) |
|
Issue size |
JPY3.114billion |
|
Tenor |
3 years |
|
Coupon |
2,55% per annum |
|
Selling Unit |
JPY2,000,000 (JPY1,000,000 as minimum) |
|
Offering Period |
March 3, 2015～March 12, 2015 |
|
Closing Date |
March 16, 2015 |
|
Maturity Date |
March 16, 2018 |
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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 €11.1 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. See note on methodology in the 2Q19 earnings material.
Figures as at 30 June 2019