Natixis to redeem €750 million refundable subordinated securities

By Toni Weeks

San Diego, Dec. 23 - Natixis said it is issuing a call for €750 million lower tier 2 refundable subordinated securities on Jan. 21.

The exercise of the call option was prompted by the improvement of Natixis' solvency ratios during the latest quarters, the company said.

Natixis is a corporate and investment bank based in Paris.

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