NATIXIS -2020 Universal Registration Document

PRESENTATION OF NATIXIS Natixis’ businesses

Financing 1.2.2.2 The Real Assets business lines (which in addition to the Aviation, Infrastructureand Real Estate & Hospitality sectors, now include the Structured Financing activities of Energy and Mining & Metals assets) proved very resilient as reflected by the cost of risk which remained at a contained level. The passenger air transport sector was particularly affected by the COVID-19 epidemic. The recovery was slow, driven by domestic and tourism flights, with business and international travel remaining low. In this challenging period, Natixis continued to support its clients, both airlines and leasing companies, by providing liquidity facilities, portfolio financing and transactions guaranteed by export credit agencies. The new Infrastructure & Energy sector survived the economic crisis relatively well, driven by the telecommunications infrastructure segment and the renewable energy sector. For example, Natixis arranged numerous solar farms in Chile (Sonnedix, CVE, Langa, Reden, Grenergy, Arroyo) which confirms Natixis’ dominant position in this segment. Other highlights include the financing of the world’s biggest Concentrated Solar Power (CSP) project in the United Arab Emirates (DEWA V), the financing of the biggest floating offshore wind farm (Kincardine, £380 million), as sole green loan coordinator, and the financing as Sole Mandated Lead Arranger of the largest next-generationdata center in Europe for VantageData Center, in the amount of £320 million. In Asia, Natixis was Mandated Lead Arranger for the financing of Next Data Center, contributing to the Group’s growth, particularly in Australia. Natixis also continued the development of its renewable energy franchise with the CFXD deal, an offshore wind farm with a capacity of 589 MW in Taiwan. Natixis received the IJGlobal “2019-2020 Latin America MLA of the year on Project Finance& Infrastructure”and “2019-2020MENAMLA of the year on Project Finance & Infrastructure” awards. The Real Estate and Hospitality/Tourismsector continued to support its clients in all the geographic areas where it operates, and to develop Green and Sustainable financing arrangements. Natixis co-arranged a green mortgage loan for Swiss Life AG in the amount of €397 million for the acquisitionof the Ecocampus,Engie’s future headquarters near La Défense. Natixis also co-arranged a €1,385 million syndicated corporate credit facility for Klépierre, the European leader in shopping centers, including a sustainable development criterion and designed to support the Klépierre group’s ambition to achieve the carbon neutrality of its portfolio b2y030. Distribution & Portfolio Management Distribution & Portfolio Management (DPM) develops optimal financing solutions for business and attractive investment opportunities for investors. The bank boasts excellent portfolio managementand distributionacross its three internationalplatforms (Americas, EMEA and Asia-Pacific) consisting of 175 professionals. It is in charge of the syndicationand active managementof the loan book, and therefore proactively manages the credit quality and profitability of financing put in place by Natixis. Natixis further consolidated its strategic O2D model in 2020, while developing processes and initiatives aimed at optimizing credit risk management. As a key component of the bank’s O2D strategy, the Singular digital financing platform was extended to the active portfolio management activities. The platform’s main purpose is to improve collaboration and visibility across the O2D chain and ultimately provide a better service for clients.

Trade & treasury Solutions Trade & Treasury Solutionshas been transformedin 2020 by moving closer to export credit and commodity trading activities aimed at better serving our clients by providing them with more comprehensive support for their working capital needs and the development of their business sales, particularly internationally. Among the highlights in 2020, TTS stepped up support for customers in their energy transition, with innovative products such as the Green Repo for aluminum with Trafigura. TTS is also giving itself the means to put even more emphasison digital innovation, for example with international payments traceability. 1.2.2.3 The purpose of the Investment Banking business line is to strengthen strategic dialog with clients while offering them the best possible combination of solutions to meet their financing needs. Accordingly, it includes acquisition & strategic finance, financing on the primary markets for bonds and equities, financial engineering applied to holdings (strategic equity transactions, a team reporting both to the Head of Investment Banking and that of global markets). It also includes financial structure and rating advisory services. Strategic and acquisition finance Natixis is a world-class player in strategic and acquisition finance, with over 25 years of experience in the sector and offices in the EMEA region (Paris, London, Milan and Madrid), Asia-Pacific (Hong Kong and Sydney) and the Americas (New York). It offers corporate clients, investment funds, family offices and institutional clients a full range of financing solutions (bonds, loans, private placements) for their various strategic requirements, including acquisitions, shareholder restructuring, investments, debt financing and post-IPO financing. In 2019, Natixis was named No. 1 bookrunner for sponsored loans in France (source: Dealogic) and No. 6 in the EMEA region (source: Refinitiv) . Natixis arranges tailor-made solutions, drawing on the full range of its expertise in M&A advisory services, equity Capital Market transactions and bonds. It is also recognized for its structuring and placement capacity, thanks to its dedicated syndication and secondary-market teams. In 2020, in exceptional market conditions, the Strategic and Acquisition Finance teams completed numerous transactions with diversified profiles, in a variety of geographies and sectors. Firstly, to support the Corporate Coverage teams, ASF arranged numerous financing arrangements (credit facilities, GBLs in France) to strengthen the balance sheet on behalf of Natixis’ clients: for the PSA group automotive manufacturer, a Revolving Credit Facility (RCF) in the amount of €3 billion where Natixis served as Underwriter, MLA Bookrunner and Documentation Agent; For the Vivescia agricultural cooperative, €1 billion in funding and GBLs. For Air France airlines, an GBL of €4 billion (MLA bookrunner, facility agent and documentation agent). In addition, and broadly speaking, numerous funding transactions were structured in various formats: syndicated loans, private placementsor bond issues. Natixis, as joint global coordinator and dealer manager, thereby arranged the US$333 millionEurobond issue of and the buyback of existing bonds by the Ukrainian steel and mining group Metinvest. In terms of acquisition finance, many transactions were conducted by corporate buyers. As part of the acquisition of Endemol Shine group by Banijay, allowing the group to become the world’s biggest independent producer of TV programs, Natixis set up financing of €2.4 billion as global coordinator, active joint bookrunner on all bank and bond tranches, B&D (bill & delivery) on the euro senior secured note facility, rating advisor and hedging bank. PJ Solomon acted as financial advisor. Natixis arranged as MLA Bookrunner and Underwriter the financing of £200 million for Compañía Logística de Hidrocarburos (CLH), a Spanish oil infrastructure group, for its Investment banking

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020

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