Latest news with #CréditAgricole
Yahoo
04-08-2025
- Business
- Yahoo
WENDEL: Investor conference calls ahead of the launch of a potential €500 million 8-year bond issue
Investor conference calls ahead of the launch of a potential €500 million 8-year bond issue Subject to the successful completion of the bond issue, subsequent make-whole redemption of the bonds maturing in February 2027 with outstanding principal of €500 million Wendel announces that it will hold a series of conference calls with investors today in connection with the potential launch of a 8-year bond issue for a nominal amount of €500 million (the '2033 Bond Issue') in the coming days, subject to market conditions. Wendel intends, subject to the successful settlement and delivery of the 2033 Bond Issue, to exercise its early make-whole redemption option on all of the bond bearing an interest rate of 2.50% maturing in February 2027, with an outstanding nominal amount of €500 million (ISIN FR0012516417), at a price determined in accordance with the provisions of the terms and conditions of these bond. The 2027 bond is traded, and the new 2033 bond would be traded, on the regulated market of Euronext Paris. These transactions would enable Wendel to extend the average maturity of its bond debt. The result and final terms of the 2033 Bond Issue would be announced upon closing of the transaction. The 2033 Bond Issue would be conducted by Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial S.A., Mediobanca - Banca di Credito Finanziario S.p.A., Natixis and Société Générale as press release does not constitute an offer, or an invitation to apply for, or an offer or invitation to purchase or subscribe for any securities either in the United States or in any other jurisdiction which may be subject to restrictions. These securities may not be offered or sold in the United States of America unless they are registered or exempt from registration under the US Securities Act of 1933, as amended. This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129, as amended (the 'Prospectus Regulation'). A prospectus will be prepared and made available to the public, in compliance with the Prospectus Regulation, for the purpose of admitting the 2033 bonds to trading on the regulated market of Euronext Paris. This press release does not constitute an offer of securities in France or in any other country. The 2033 bonds are the subject of a private placement in France to qualified investors as defined in Article 2(e) of the Prospectus Regulation and in accordance with Article L.411-2 of the Monetary and Financial Code, and outside France. As of the date of this press release, no prospectus related to the placement of the 2033 bonds has been approved by a competent authority of any European Economic Area Member State. Wendel will undertake no action as part of this placement with a view to making an offer to the public (other than to qualified investors) in France or abroad. In the United Kingdom, this press release may be sent to qualified investors as defined in Article 2(e) of the Prospectus Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 only under circumstances wherein section 21(1) of the Financial Services and Markets Act 2000 does not apply. The dissemination of this press release in any country where such dissemination could constitute a violation of applicable legislation is prohibited. Attachment 2025_CP_Wendel_ENG_Bond issue launch - 4 August 2025
Finextra
28-07-2025
- Business
- Finextra
How to Maintain Payment Sovereignty in the Face of Change
Providing new insights into the European payments landscape, Marie-Anne Livi , Director of Strategy and Market Relations at Crédit Agricole Payment Services, joined the FinextraTV studio at EBAday 2025 in Paris. Covering a number of areas, Marie-Anne Livi discusses the importance of payment sovereignty and how to retain it to the benefit of client operations, as well as the growth of A2A payment-based wallets as a result.
Yahoo
26-07-2025
- Business
- Yahoo
Super Micro (SMCI) Secures $1.79B Receivables Facility to Enhance Liquidity
Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the growth stocks that could double by 2027. On July 16, 2025, SMCI entered into a $1.79 billion Receivables Purchase Agreement with MUFG Bank, Crédit Agricole, and other financial institutions. An engineer in front of a computer screen, reviewing a project-based outsourcing proposal. The uncommitted facility allows Super Micro to sell eligible accounts receivable at discounted rates based on Term SOFR plus 1.15%–2.80%, depending on the debtor. If not treated as a sale, the company grants a security interest in the receivables. The agreement can be terminated with 30 days' notice or immediately in case of a termination event. Super Micro Computer, Inc. (NASDAQ:SMCI) develops advanced server and storage systems optimized for global applications in data centers, artificial intelligence, cloud platforms, and edge computing environments. While we acknowledge the potential of SMCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Gulf Business
23-07-2025
- Business
- Gulf Business
Space42 secures $695.5m to launch next-gen UAE satellites
Image: Getty Images The financing represents a pivotal step in Space42's strategy to establish critical connectivity capabilities across multiple orbits. The facility, arranged by Crédit Agricole CIB, Santander CIB, Societe Generale, and Natixis and backed by Bpifrance Assurance Export, demonstrates the company's continued appeal to leading international banks and will fund the satellites scheduled for launch in 2027 and 2028. The facility provides Space42 with cost-effective, long-term financing aligned with its satellite development timeline, whilst strengthening the company's liquidity position to support future growth initiatives. 'The Al Yah 4 and Al Yah 5 programme is underpinned by a 17-year, $5.1bn government contract commencing in 2026 and advances our goal to become the trusted leader in secure connectivity by providing multi-path critical connectivity solutions,' said Andrew Cole, chief financial officer of Space42. 'This strategic pillar focuses on enhancing secure communication capabilities across defense and civil domains through multi-orbit satellite networks that ensure uninterrupted connectivity for mission-critical applications. The ECA financing structure optimises our cost of funding and provides increased financial flexibility to execute our growth agenda.' Read: Advanced satellite capabilities Al Yah 4 and Al Yah 5 feature software-defined architecture with fully flexible payloads that can be reconfigured in orbit. This technology enables real-time optimisation of coverage, bandwidth, and frequency allocation to meet evolving operational requirements across the Middle East, Africa, Europe, and Asia. The satellites will complement and eventually replace Al Yah 1 and Al Yah 2, launched in 2011 and 2012 respectively.
Zawya
23-07-2025
- Business
- Zawya
Space42 secures $695.5mln facility to fund next-generation UAE satellites
Space42 advances four-pillar growth strategy to establish critical connectivity capabilities across multiple orbits Abu Dhabi, UAE: Space42, the UAE-based AI-powered SpaceTech company that seamlessly integrates satellite communications, geospatial analytics, and artificial intelligence capabilities with global reach, and listed on the Abu Dhabi Securities Exchange ("ADX", under symbol: SPACE42, ISIN: AEE01122B228), today announced the signing of a $695.5 million Export Credit Agency (ECA)-backed financing facility to fund the development of its next-generation geostationary satellites, Al Yah 4 and Al Yah 5. The financing represents a pivotal step in Space42's strategy to establish critical connectivity capabilities across multiple orbits. The facility, arranged by Crédit Agricole CIB, Santander, Société Générale, and Natixis and backed by Bpifrance Assurance Export, demonstrates the company's continued appeal to leading international banks and will fund the satellites scheduled for launch in 2027 and 2028. The facility provides Space42 with cost-effective, long-term financing aligned with its satellite development timeline, whilst strengthening the company's liquidity position to support future growth initiatives. "The Al Yah 4 and Al Yah 5 program is underpinned by a 17-year, $5.1 Billion Government contract commencing in 2026 and advances our goal to become the trusted leader in secure connectivity by providing multi-path critical connectivity solutions," said Andrew Cole, Chief Financial Officer of Space42. "This strategic pillar focuses on enhancing secure communication capabilities across defense and civil domains through multi-orbit satellite networks that ensure uninterrupted connectivity for mission-critical applications. The ECA financing structure optimizes our cost of funding and provides increased financial flexibility to execute our growth agenda." Advanced Satellite Capabilities Al Yah 4 and Al Yah 5 feature software-defined architecture with fully flexible payloads that can be reconfigured in orbit. This technology enables real-time optimization of coverage, bandwidth, and frequency allocation to meet evolving operational requirements across the Middle East, Africa, Europe, and Asia. The satellites will complement and eventually replace Al Yah 1 and Al Yah 2, launched in 2011 and 2012 respectively. About Space42 Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Yahsat Space Services and Bayanat Smart Solutions. Yahsat Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Bayanat Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC. For more information, visit: follow us on X: @space42ai Legal Notice and Cautionary statement regarding forward-looking information This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, words such as "expect", "will", "looking ahead" and any other words and terms of similar meaning. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its subsidiaries and its investments and speak only as of the date of this announcement. Forward-looking statements are based on assumptions of future events and information currently available to the Company which may not prove to be accurate, and the Company does not accept any responsibility for the accuracy or fairness thereof and expressly disclaims any obligation to update any such forward-looking statement. No representation or warranty is made so that any forward-looking statement will come to pass. You are therefore cautioned not to place any undue reliance on forward-looking statements. Neither this announcement nor anything contained herein constitutes a financial promotion, or an invitation or inducement to acquire or sell securities in any jurisdiction.
