Natixis Scores Success In The Year's Largest Placement On Euronext Markets

The placement of Natixis shares on Euronext Paris was highly successful.

Natixis placed 215.86 million shares to raise a total of EUR 4.22 billion, making this the largest transaction of its kind on Euronext markets since the beginning of the year.

All told, the offering was oversubscribed more than three times (not counting the greenshoe allocation). Over 2.8 million orders representing a total of over EUR 4.4 billion were placed in response to the open price offer for individual investors.

On the basis of today's first traded price of EUR 20.40 per share, the market capitalization of Natixis stands at EUR 24.8 billion.

Since the beginning of the year, there have now been 127 new listings on all Euronext markets taken together, raising a total of EUR 19.3 billion, which is more than the full-year record of 2005, and adding EUR 88 billion to total market capitalization.

Natixis, a bank set up at the joint initiative of the Caisse d'Epargne and Banque Populaire groups, specializes in finance and investment banking, asset management and financial services.

ISIN: FR0000120685