New convertible bond issue for Orpea

Natixis acted as joint global coordinator and joint bookrunner for Orpea’s €500m convertible bond (Oceane) issue.

This third convertible issue for Orpea, one of the world leaders in dependency, long- and medium-term physical and psychiatric care, attests to the strong appeal of convertible solutions for issuers, regardless of their growth profile, due to low funding costs, diversification of the investor base, and maturity.

This transaction is the fourth Equity Capital Markets (ECM) deal led by Natixis for Orpea since 2011, highlighting our ability to support our clients in the long term.

This new transaction once again highlights Natixis’ expertise in the Hospitality sector as well as our capabilities in ECM and convertibles from origination and structuring to placement.