January 2009: Natixis consolidates its leadership position in the euro-bond primary market
In January 2009, Natixis acted as bookrunner in the main segments of the euro-bond primary market, thus confirming its positioning in this market
- Government guaranteed issues: SFEF’s (Société de financement de l’économie française) first public issue of the year (€5 billion) and global coordinator of the issue launched in February (€6 billion)
- Covered bonds: first issues of the year by Compagnie de Financement Foncier
- Financial institutions: issues by Caisse Centrale Desjardins, Crédit Foncier, Compagnie de Financement du Crédit Mutuel de Bretagne and La Poste
- Corporates: issues by Schneider Electric, Vivendi, France Telecom, SFR, Casino and Accor group.
These transactions underscore Natixis’ strategy to refocus on its target client base.
In 2008, Natixis already confirmed its primary-market expertise by ranking among the top banks in the main segments:
- Euro market: after lead-managing 102 public transactions, Natixis was named among the TOP 10 bookrunners by IFR
- French issuers: No. 2 bookrunner* with public borrowers and corporates
- Covered bonds: a recognized specialist in this market since its creation, Natixis ranked no. 4 bookrunner* worldwide and no. 1 bookrunner* in France.
Natixis also stood out by lead-managing two award-winning deals that were lauded by the international financial press – Eurobond Deal of the Year for GDF-Suez (IFR) and Euro Supranational/Agency bond of the Year for SFEF (Euroweek) – two of the most prestigious awards in the euro market.
* Source: Dealogic.
Contact
Related links
About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
The press area was created by BPCE in order to make it easier for professionals to access Groupe BPCE press releases, images, videos, computer graphics, etc. (hereafter referred to collectively as the “Content”). This Content can be used to illustrate all publications, reports, articles or, more generally, any document or medium designed to inform the public of Groupe BPCE’s activity. You are not allowed to use the Content for commercial or publicity purposes. You are not allowed to modify the Content (except for changes of format). The Content is regularly updated by BPCE, therefore you should frequently access the press area in order to ensure you use the latest version of the Content. Your attention is also drawn to the fact that the Content contains elements considered to be intellectual works protected by copyright law and notably by France’s intellectual property code. Consequently, the photo credit (shown at the bottom right of the photo) and the mention [source BPCE] must be displayed in all publications (printed or electronic). Any user who fails to respect these conditions shall be liable vis-à-vis BPCE, the author of the Content or his/her beneficiaries and, where applicable, the persons whose image is reproduced in the Content. By downloading and, more generally, using all or part of the Content you agree to these terms.