SOURCE: Natixis

July 16, 2007 11:57 ET

Natixis Supports the Future Development of its Triple Triple-A Financial Guaranty Subsidiary CIFG with $100 Million of Growth Capital

PARIS--(Marketwire - July 16, 2007) - CIFG's successful strategy to establish a full-service financial guaranty company active in the US and Europe is behind Natixis' decision to provide the company with an additional $100 million in growth capital.

"The injection of additional equity in CIFG underpins the company's continued profitable development, which has the full support of its shareholder. It also demonstrates how satisfied we are with CIFG's performance," commented Anthony Orsatelli, member of the Executive Board of Natixis and Chairman of the Supervisory Board of CIFG Holding.

This information is provided by CompanynewsGroup

Contact Information

  • Contacts

    Natixis:
    Corinne Lavaud:
    +33 1 58 19 80 24

    CIFG:
    Michel Rouzioux:
    +33 1 58 55 65 12

    Thierry Dissaux:
    +33 1 58 55 62 13

    Tom Collimore:
    +1 212 909 3952