natixis (KN) Snapshot

Nelly Desbarrieres was appointed as Corporate Secretary of Finance and Risks, and Head of Subsidiaries and Financial Stakes of Natixis. She will be reporting to Jean Cheval, Chief Finance and Risks Officer. Nelly started her career in 1986 as auditor at Arthur Andersen. Since January 2008, she has been the Corporate Secretary and member of the Executive Committee of Natixis Factor.

Natixis Presents at Global ABS 2013, Jun-18-2013 through Jun-20-2013. Venue: Square Brussels Meeting Centre, Rue Ravensteinstraat 2, B-1000, Brussels, Belgium. Presentation Date & Speakers: Jun-19-2013, François Morin, Head of A BS Trading, Jean-Baptiste Thiery, Global Structured Credit & Solution, Raphael Thiolon, Global Structured Credity & Solution, Thomas Rivron, Director, Global Structured Credit & Solutions Europe. Jun-20-2013, Emmanuel Issanchou, Global Structured Credit & Solutions.

Karnalyte Resources Inc. announced that it has entered into an engagement letter pursuant to which it has engaged BNP Paribas and Natixis, New York Branch, on an exclusive basis, to act as lead arrangers for a senior secured project finance facility of up to $300 million. The purpose of the Facility is to fund the construction and commissioning of the Wynyard Carnallite Project. The facility will be structured on an underwritten basis whereby each Lead Arranger will underwrite 50% of the Facility subject to credit approval, due diligence and satisfactory legal documentation, and will syndicate it to banks, financial institutions and other institutional lenders. The Engagement Letter contemplates the entering into of a definitive term sheet and commitment letters for the Facility upon the satisfaction of certain conditions. The net proceeds from the Facility together with funds provided through Gujarat State Fertilizers and Chemicals Ltd., the Corporation's strategic investor, will provide the company with approximately 60% of the total capital required to construct the Project. The company is pursuing a financing strategy for the Project based on a combination of the Facility and equity. Bank of Montreal is acting as its Karnalyte's financial advisor in connection with the Facility.