Commentary & Deal Flow

Natixis Pfandbriefbank AG, a 100% subsidiary of Natixis and affiliate of French Groupe BPCE, (ticker: "KNFP") expected to be rated Aaa by Moody’s, has mandated Natixis, NORD/LB and Raiffeisen Bank International to arrange a series of fixed income investor calls to be scheduled on 14-Sep. An electronic investor presentation will be made available.

An expected €250m WNG, Mortgage Pfandbrief 3yr (24-Sep-29) EUR offering will follow, subject to market conditions.

• Programme: Debt Issuance Programme (part of the European Covered Bond Premium Segment)
• Guarantee: With the Payment Undertaking agreement, Natixis guarantees Natixis Pfandbriefbank AG irrevocably and unconditionally to provide it immediately and at any time with all financial means on first demand to meet all its payment obligations.
• Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs key information document (KID) has been prepared as not available to retail.
• Schedule: Issuer is available for investor calls upon request. Natixis Pfandbriefbank Management is open to 1x1 with investors this afternoon (14-Sep).
• Investor Center: https://pfandbriefbank.cib.natixis.com/our-investor-center (contains Debt Issuance Programme, Cover Pool (HTT & Paragraph 28), Ratings, IP)