Crédit Agricole CIB

🎥 “European Banks - The 2026 Regulatory Angle” We were delighted to host our annual conference this week, a briefing now in its sixth edition for bank management teams, bank investors and other interested stakeholders. Joined by more than 300 participants, the conference was led by Dr. Roberta De Filippis, European Banking Authority (EBA), Thomas Broeng Jørgensen, European Central Bank (ECB) and Karen Braun-Munzinger, Single Resolution Board (SRB). They discussed the state of EU banks on the dimensions of profitability, asset quality, capital levels, liquidity, market valuation and resolvability, macro environment expectations and supervisory priorities for 2026, as well as potential future bank regulation developments in the EU. The EU bank sector is seen as well capitalised and highly liquid, with good profitability, but it needs to remain vigilant in light of new potential risks such as geopolitical fragmentation, high market valuations, operational risks, including cybercrime and IT. Therefore the regulatory framework must remain robust, to guarantee future resilience, but it can be reviewed for simplification avenues. Areas that may benefit from a holistic review include the buffer framework, reporting requirements and the work and coordination between European and national supervisors themselves and with banks. A warm thank you to our distinguished speakers for their valuable insights, and to all clients and partners who took part. See you again in a year’s time! 👋

[Strategic Announcement] Groupe Crédit Agricole has shared today its new strategic plan for 2025-2028, named #ACT2028.   Following strong results over the last few years, we are now confidently embracing this new strategic plan. As a key stakeholder of the Group’s growth, we will continue to play a key role in achieving 2028’s objectives. Relying on our extensive international network, we will support the Group in its pan-European development.   We will also leverage our deep expertise and leadership positions in real asset and project finance to further enhance the European sovereignty and remain a key player of the energy transition globally.   Our clients know our expertise and they rely on us for the long haul. We have built solid relationships with them, and we are going to keep making those bonds even stronger. While expanding our offering for Financial Institutions, we will keep diversifying our product range to offer a seamless experience to our clients in their local and global needs.   Relying on the strength of our portfolio, the long-lasting relationship we have with our clients and our recognised expertise in real asset financing, we are perfectly positioned to support the Group’s ambitions.   As part of a diversified Group, we will continue to work together and amplify commercial synergies to support our clients’ growth and achieve the Group’s ambitions.

[DEAL] Bpifrance has successfully issued its first EUR 1 billion European Defence Bond, the first public sector defence bond, marking a key milestone in strengthening Europe’s defence industrial base.   This pioneering issuance underlines the growing importance of innovative capital markets solutions in supporting Europe’s defence industrial base and strengthening resilience across key sectors. The transaction received strong support from investors, with a final order book exceeding € 3.8 billion, reflecting growing investor confidence in the sector’s strategic and industrial importance.   It follows the publication of Bpifrance’s innovative European Defence Bond Framework in July this year, establishing a new financing channel dedicated to Europe’s defence ecosystem.   We are proud to have supported this landmark transaction as co-structurer of the European Defence Bond Framework and joint lead manager. Read more about the transaction: https://lnkd.in/eAdSMwFA

[DEAL] Advising NEXRAIL.lease for the financing of new innovative zero-emission locomotives combining pantograph with battery. We are proud to have advised Nexrail in raising a new €204MM green capex facility to finance Stadler Euro 9000b Stadler locomotives while amending and extending its existing €322mm bank facilities. We have acted as sole financial, green and hedging advisor to Nexrail, a fast-growing rolling stock lessor, owned by InfraVia Capital Partners. Its mission is to transition locomotives to modern hybrid, dual mode and battery units enabling significant energy, cost and carbon emission savings. Nexrail already owns 130 locomotives of this kind. The comprehensive financing, amend & extend package brings flexibility to Nexrail’s capital structure and will support the company’s ambition to become a leading European platform. This landmark transaction for Nexrail confirms the strong appetite from banks for the rail leasing sector, which has demonstrated its resilience and sustainability over time.

#INFRAWEEK - We were pleased to take part in this year’s Paris InfraWeek, a key event bringing together leaders shaping the future of global infrastructure and the #EnergyTransition. During the conference, our experts joined to strategic discussions on the sector’s evolution: 👉 Sophie Loiodice, Global Head of Resources & Industry, explored how to accelerate the scale-up of the energy transition. Sharing her vision and perspective on how energy transition can be accelerated and support Europe’s industry competitiveness and sovereignty 👉 Mokhtar Abdallaoui, Managing Director, Infrastructure M&A , shared insights on current and emerging trends in infrastructure M&A, discussing the drivers expected to shape deal-making in 2025 and beyond — from capital flows and investor appetite to regulatory developments and new asset classes.

[DEAL] We are proud to have participated in the first-ever public offering of euro-denominated bonds in Taiwan, issued by Hon Hai (Foxconn), as bookrunner. This €650 million issuance represents a significant milestone for both the company and the Taiwanese financial market. As the world's largest electronics manufacturer and Apple’s primary contract manufacturer, Hon Hai’s successful entry into the euro market demonstrates: 👉 evolving sophistication of Taiwanese corporates in global #CapitalMarkets, 👉 growing appetite among European investors for high-quality Asian corporate credits, and 👉 increasing investor confidence in Taiwan's technology sector. This transaction also illustrates our unwavering commitment to Taiwanese clients in their projects, a commitment that dates back to our entry as one of the first foreign banks in the local market in the 1980s. Congratulations to all the teams involved in this exceptional transaction and thank you to Hon Hai for their trust! 👏 Read more about the deal: https://bit.ly/3JsdO6p

[#Awards] 🏆 We are proud to have supported transactions recognised by 7 IJGlobal (Infrastructure Journal Global) ESG and Investor Awards 2025. With seven wins, we demonstrate expertise across sectors - #RenewableEnergy, #Transportation, #SocialInfrastructure, and across #APAC geographies – Australia, Hong Kong, South Korea, Taiwan. These recognitions showcase our ability to execute complex, high-value transactions that drive clients' growth and advance environmental objectives in the region. We are convinced that investing in infrastructures and financing the #EnergyTransition are essential for fostering long-term and sustainable development. Thank you to our colleagues, clients, and partners for making these successes possible! 🙏 👉 Find out more about our wins: https://lnkd.in/eazhE_k7

We are excited to announce a strategic partnership with Ant International. This collaboration aims at delivering next-generation financial technology solutions, transforming liquidity management and FX services. This partnership revolves around three innovation pillars: 🔗 #Blockchain treasury solutions: Real-time multi-currency cross-border payments via distributed ledger technology 💱 Interbank platform integration: Connecting Ant International's internal blockchain-based Whale platform with our So|Cash technology to enable instant 24/7 cross-border transfers 🤖 AI-powered FX solutions: Innovative FX models offering efficient, low-risk solutions Etienne Bernard, Deputy Global Head of International Trade & Transaction Banking, notes: "We are very pleased to join forces with Ant International, a leading global digital payment player, who is developing next-generation treasury capacities and processes. Cash Management is a key priority for us. Those evolutions can bring value to both our Corporate and FI clients and complement the other innovation initiatives we are involved in being with Swift or Central Banks for example." Read more about this partnership: https://lnkd.in/eGQGjz3x #Innovation #Fintech #Blockchain #DigitalPayments

[#Event] Proud to have supported ICMA - International Capital Market Association's 11th Annual Conference of Green, Social, Sustainability and Sustainability-Linked Bond Principles in Tokyo, highlighting #Japan’s leadership in #SustainableFinance. 🌱 In a panel discussion, our Head of Sustainable Investment Banking for Asia-Pacific and the Middle East, Antoine ROSE, shared insights on the Asia’s significant share of global sustainable bond issuances and innovations, such as the first-ever Resilience Bond recently issued by the Tokyo Metropolitan Government, which we were proud to support. We also hosted key issuers and investors in an exclusive Green Rendez-vous, fostering connections over sustainable finance conversations. Daisaku Chabata, our Head of Sustainable Investment Banking for Japan, led a roundtable with experts from Development Bank of Japan Inc., Japan’s Ministry of Economy, Trade and Industry (METI), and AMUNDI on #TransitionFinance trends. Participants agreed that while regional definitions and taxonomies differ, transparency, disclosure, and impact measurement are critical to advancing transition finance globally. Thank you to ICMA for the successful conference and to all participants who enriched the discussions. #ESG #Japan #EnergyTransition #ICMA

[DEAL] We have advised Ørsted on its strategic partnership with Apollo for Hornsea 3 Offshore Wind Farm. 🇬🇧 Deal Highlights: ✅ 50% equity stake in the 2.9 GW Hornsea 3 project divested by Ørsted to Apollo ✅ Total investment by Apollo: $6.5bn (c.€5.7bn) ✅ Total project size: DKK 70-75 billion (c.€9.4-10.1bn) Why This Matters: 🔹 Hornsea 3 will power 3+ million UK homes with low carbon electricity when operational 🔹 The farmdown represents an important milestone for Ørsted as they continue to deliver on their partnership and divestment programme 🔹 Apollo’s investment demonstrates continued institutional appetite for high quality renewable infrastructure. This transaction demonstrates the strength of collaboration between leading renewable energy developers and infrastructure investors in accelerating the energy transition, and we are proud to have acted as M&A and Debt Advisor, showcasing our strong advisory expertise and capabilities in renewable energy projects. Thank you Ørsted for their trust and congratulations to the teams on another great achievement! 🎉 Read more on the transaction: https://bit.ly/4oTjaqa #OffshoreWind #RenewableEnergy #EnergyTransition #Advisory #SustainableFinance