Oddo BHF - MATMUT : Issuance Focus

Report

Oddo BHF

Carine Maciol

MATMUT : Issuance Focus

Matmut is coming to the market for a first bond issue in the Tier 2 segment with a benchmark format of € 500m, a maturity of 10.75 years (2036) and a Baa1 rating.
This bond issue is designed to finance part of the acquisition of HSBC Assurances Vie, for which the group has made a € 925m offer. The finalisation of the transaction is subject to relevant approvals and is expected to occur in the second half of 2025.

15/05/2025 1 EN

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Carine Maciol

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MATMUT : Issuance Focus

Robertet : Spéculation disparue, retour aux fondamentaux

Robertet : Speculation over, back to fundamentals

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