Deal update: Ostrum AM’s private debt real asset team is active during the Covid-19 crisis, and has invested in a rural broadband network in Germany.

During the Covid-19 crisis, Ostrum AM has continued to be active in the infrastructure debt market, aiming to select attractive opportunities in terms of risk/return profile. We stick to our convictions on transition, and more precisely energy, ecological and digital transitions. These themes have proven to be essential during this crisis. 

Our latest investment in April 2020 is a rural broadband network in Germany. This technology is particularly important to enable working from home, connectivity, and e-health, amongst others. Over the longer term, we believe this outbreak will fast track the adoption of remote working and investment in other collaborative technologies. State of the art broadband networks, like this project, will be essential in this shift. 

With this transaction, the average all-in rate of the Essential Infrastructure strategy is improved from 2.69% to 2.74% compared to the strategy’s 2% target.

 

Risks associated with the Essential Infrastructure strategy include but are not limited to the below list:
    Loss of capital, no assurance of investment return;
    Illiquidity;
    Performance of assets (especially linked to construction risk, nature of cash flow risk) incl.  general counterparty risk, 
    General economic and market conditions,  changes in general law and regulation and taxation, risks associated with the deployment of the fund. 
 
IMPORTANT INFORMATION
Ostrum Asset Management - 43, avenue Pierre Mendès-France – CS 41432 – 75648 Paris cedex 13 France – Phone: +33 1 78 40 80 00
Limited company with a share capital of 27 772 359 euros – Trade register n°525 192 753 Paris – VAT: FR 93 525 192 753
Regulated by AMF under n°GP GP-18000014
Register office: 43, avenue Pierre-Mendès France – 75013 Paris – www.ostrum.com

This material has been provided for information purposes only to investment service providers or other professional clients, qualified or institutional investors and, when required by local regulation, only at their written request. This material must not be used with retail investors. 

The provision of this material and/or reference to specific securities, sectors, or markets within this material does not constitute investment advice, or a recommendation or an offer to buy or to sell any security, or an offer of any regulated financial activity. Investors should consider the investment objectives, risks and expenses of any investment carefully before investing. The analyses, opinions, and certain of the investment themes and processes referenced herein represent the views of Ostrum Asset Management as of May 2020. There can be no assurance that developments will transpire as may be forecasted in this material. Past performance information presented is not indicative of future performance. Although Natixis Investment Managers believes the information provided in this material to be reliable, including that from third party sources, it does not guarantee the accuracy, adequacy, or completeness of such information. This material may not be distributed, published, or reproduced, in whole or in part.