Natixis

Lagardère, the unrated French media group, returned to the bond market today after a two year absence with a successful €500m issue that showed how it has repositioned its credit as an investment grade issuer.

Delachaux, the French industrial company, has launched a €765m loan that will refinance debt and enable it to pay a dividend to shareholders.

The subordinated debt market for European financials was back in full swing with four deals out on Monday morning boosted by the European Central Bank's policy decisions made last week.

Europe’s corporate bond market burst into full scale action on Wednesday, after two weeks of sporadic new issuance. A €3bn deal from Sanofi, the French pharmaceuticals company, was joined by €1bn from Toyota Motor Credit Corp, €500m from property company Foncière des Régions and yet another small deal from Volvo (see separate stories).

Europe’s corporate bond market burst into full scale action today, after two weeks of sporadic new issuance. A €3bn deal from Sanofi, the French pharmaceuticals company, was joined by €1bn from Toyota Motor Credit Corp, €500m from property company Foncière des Régions and yet another small deal from Volvo (see separate story).

Ask LatAm DCM bankers about their competition, and Natixis is not the first name on many lips. But the head of the French bank’s one year-old Latin America platform reckons 12 months of solid progress making a mark on the lending league tables have put the institution in a good position to make the most of recent hires across several product areas.

Natixis posted solid results on Thursday as it reported a 26% increase in net income, and confirmed the close of its ‘bad bank’ GAPC at the end of June.

Générale de Santé, the French private healthcare provider, allocated its €1.1bn acquisition loan on Tuesday after cutting the margin on the term loan ‘B1A’ to 350bp over Euribor.

Axione Infrastructures this week issued a €189.1m project bond. It was the first infrastructure project bond in France, and the first project bond in Europe for the development of digital infrastructure.

John Wade, who left the Royal Bank of Scotland in February this year just ahead of announcements on the bank’s restructuring, has resurfaced at Natixis as head of syndicate and MTN for Asia Pacific.

Générale de Santé, the French private healthcare provider, allocated its €1.1bn acquisition loan on Tuesday after cutting the margin on the term loan ‘B1A’ to 350bp over Euribor.

Axione Infrastructures this week issued a €189.1m project bond, the first infrastructure project bond in France, and the first project bond in Europe for the development of digital infrastructure.