Alstom rights issue: Natixis acts as Joint-Bookrunner

Natixis has led as Joint-Bookrunner the €2bn rights issue by Alstom, a global leader in mobility systems. the €2bn rights issue by Alstom, a global leader in mobility systems.

Aimed at financing the acquisition of Bombardier Transport, this transaction allows Alstom to double its size and to become the #2 player in the rail sector globally.

This equity injection is a landmark event at various levels: it is the largest Equity Capital Markets this year in France and the 5th largest rights issue in Europe.

It is also the largest M&A-related rights issue in France since 2016.

Investors have backed both the strategic rationale of the transaction as well as its financing, as shown by the high oversubscription rate and share price development since announcement, allowing Alstom to re-enter the CAC 40 Index.

"We are proud to have supported our client in this capital increase which has proven to be transformative for Alstom and a landmark event for the primary equity market, and overall to assist our client in their growth and transition towards sustainable mobility solutions" says Eric Arnould – Global Head of Equity Capital Markets.