Natixis announces the closing of a European CLO, structured and marketed by Corporate & Investment Banking and managed by Natixis Asset Management
Against the backdrop of investors’ current quest for yield and alternative solutions that offer diversification, Natixis announces the closing of European CLO (Collateralized Loan Obligation) Purple Finance CLO 1 for a total of €308.4 million.
Inaugural €90 million catastrophe bond for the benefit of Covéa Group
Natixis, acting as co-arranger and joint bookrunner, has managed the placement of a €90 million catastrophe bond issued by Hexagon Re. This innovative transaction represents the first 144A pure French windstorm (indemnity) in the growing catastrophe bond market and the first bond issuance for Covéa Group.
New asset class attracts strong investor interest
The total amount invested on the Merius investment platform has just reached €1bn. The platform was set up in late 2016 and provides a high value-added innovative investment solution for institutional investors on the Dutch residential mortgage loan market.