Investment Banking

With this transaction on a 5-year maturity, Sfil extends its dollar reference curve by a further 2 years and contributes to diversifying its medium- to long-term financing sources after 2 euro transactions launched during the 1st half at 5 and 7 years.

A week can be a very long time in financial markets. UBS acquiring Credit Suisse for CHF 3 billion a week ago would have seemed like a terrific deal. Now the position is less clear. Credit Suisse likely experienced significant net outflows of client assets last week, eroding its revenue base. We, however, believe that UBS can extract value from the acquisition.

A player in ecological and social transition, CNP Assurances announces the successful issue of its first sustainable bond, carried out on January 11, 2023, for an amount of €500 million. The fixed annual coupon is 5,25% until july 18, 2033 and then will be floating beyond this date and until its maturity.

At its meeting on 30 September 2022, the Board of Directors of Societe Generale, chaired by Lorenzo Bini Smaghi, decided unanimously, on the suggestion of the Appointments Committee and the Corporate Governance Committee, to put forward to the shareholders at the Annual General Meeting on the 23 May 2023 Slawomir Krupa as director to take over from Frédéric Oudéa...

The euro is subject to enormous economic forces that could equally be very positive for the currency or the cause of an even greater fall.