Natixis structurer for CADES’s inaugural social bond issue

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Natixis was structurer and bookrunner for the French Caisse d’amortissement de la dette sociale’s (CADES) first bond issue since the start of the health crisis, marking the launch of its social bond program.
 
This 10-year €5 billion issue, completed on September 9th met with considerable investor success, with an order book at closing of almost €16 billion (€15.7 billion) from 270 french and international investors.


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