Make SURE, The European instrument for temporary Support to mitigate Unemployment Risks in an Emergency
Natixis partakes in the SURE recovery plan launched by the European Commission.
The European Union reaffirmed its position as a leader in the international bond market with a € 14,37 billion Social bond transaction. This was issued under its SURE programme, that was launched in October 2020 to respond to the COVID crisis, with funding to help protect and maintain employment.
On Tuesday 18th of May, the EU launched a double-tranche (long) 8-year and (long) 25-year benchmark bonds of €8,137 billion and €6 billion respectively, for which Natixis was mandated as Joint Bookrunner.
The European Union achieved an optimal outcome to conclude its funding under the SURE programme for 2021, leaving the way for the commencement of the upcoming NGEU funding programme.
“Natixis is proud to have accompanied the European Union for this Social issuance of more than 14 billion euros. The BPCE Group has once again demonstrated its commitment to the financing of the economy both in France and Europe since the outbreak of this health crisis”, says Nicolas Namias, Chief Executive Officer, Natixis