Natixis Japan Securities assists BPCE’s return to the Samurai market
Natixis Japan Securities (NJS) acted as active Joint Lead Manager on a five-year fixed rate note Samurai transaction by BPCE, pricing JP¥47.6bn of senior unsecured notes on December 2nd.
The transaction marks the second Samurai offering by BPCE this year, following an earlier offering in July.
Laurent Depus, President & Representative Director of Natixis Japan Securities, said that NJS achieved a large share of the order book and attracted a diverse investor base.
“Prior to the issuance, BPCE conducted a five-day roadshow in Japan, reaching out to a growing range of potential investors across Japan,” Mr Depus said today.
“Regular visits by the senior management of Groupe BPCE to Japanese investors have significantly contributed to the recognition of the Group’s commitment to Japan, resulting in an increasing order book. With a semi-annual issuance track record, and a total JP¥117.6bn issued this year, BPCE is now recognized as a regular Samurai issuer in Japan. Meanwhile, this transaction reflects Natixis Japan Securities’ expanding operations in Japan and the ongoing success of our close cooperation with BPCE.” Mr Depus said.
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.