IFLR1000

Natixis Financement $550 million ABS issuance

22/4/2015
Asset Backed Securities (ABS)
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€ 550 million

$ 584.328 million

Completed

22/4/2015

Overview:

  • Natixis Financement successfully arranged its inaugural ABS credit card securitisation issue. 
  • The bank's Purple Master Credit Card 2015-1 was valued at €550 million. 
  • The issue was rated AAA by Fitch. 

John Crabb - Journalist 

Jurisdiction:

France

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

France

Industry sector:

Financial services

Firm:
Clifford Chance

Party: Natixis (Originator, Issuer)

Lawyers: Frédérick Lacroix, Sophie Guilhem-Ducléon

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