Veolia, the global leader in optimized resource management, mandated Natixis as joint global coordinator and joint bookrunner to manage its €700m convertible bond (Oceane) issue, 5 year maturity.
This is the biggest vanilla convertible bond issued this year in France, the second largest in Europe, and the fourth one for Natixis year to date.
The net proceeds of the offering were used to refinance the concurrent buyback of the outstanding CB, which was due to mature in 2021.
This transaction shows our leadership in this field, both in issuance and in distribution. It also demonstrates our commitment to accompanying our clients, who themselves strive to preserve and replenish the world’s precious resources.