Press Release
Memorandum of Understanding signing between NEXI and 13 FinancialInstitutions, including Crédit Agricole Corporate and Investment BankTokyo – June 7, 2019 - Crédit Agricole Corporate and Investment Bank (Crédit AgricoleCIB), Tokyo Branch signed a Memorandum of Understanding (MOU) with Nippon Exportand Investment Insurance (NEXI) on June 7, 2019. The MOU concretizes thecooperation between NEXI and financial institutions around the utilization ofinfrastructure funds and project bonds. The signing ceremony was held at The Ministryof Economy, Trade and Industry (METI) in the presence of Minister Hiroshige Seko, alongwith the delegations of 12 other financial institutionsi.
The MOU aims to build a framework between NEXI and financial institutions to work
together in laying the groundwork for structuring and issuance of infrastructure funds andproject bonds that would benefit from NEXI’s insurance cover. Through this initiative,
METI and NEXI would like to attract funding from new financial actors, including
institutional investors, amid growing demands for infrastructure projects in developing
countries. As an active NEXI covered loans arranger in the Japan market, Crédit Agricole
CIB is committed to contributing pro-actively to this initiative.
Crédit Agricole CIB is very active in project bonds, ranking #5 among global arrangers inthe league tables. Crédit Agricole CIB is a global leader in export-credit supported bonds
and has been the Structuring Agent on over $7 billion of issuance, including the inauguraltransactions for both The Export-Import Bank of the United States and UK Export
Finance. In January 2019, the Bank arranged an innovative and long-term export credit
financing by way of private placement note guaranteed by KEXIM (The Export–Import
Bank of Korea). The transaction received strong interests from private placement
investors and was successfully placed without the need of any external credit ratings.
Crédit Agricole CIB believes this can be further extended for NEXI insurance cover toattract a wider range of institutional investors.

- END

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the13th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2018). Nearly
8,000 employees in 34 countries across Europe, the Americas, Asia-Pacific, the Middle East andNorth Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit
Agricole CIB offers its large corporate and institutional clients a range of products and services incapital markets activities, investment banking, structured finance, commercial banking andinternational trade. The Bank is a pioneer in the area of climate finance, and is currently a market
leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

For media enquiries, please contact:

Crédit Agricole CIB
Florian Turgeon – Corporate Planning, Japan
Email: florian.turgeon@ca-cib.com
Tel: +81 3 4580 5406
Lilian Kung – Senior Manager, Communications, Asia Pacific
Email: lilian.kung@ca-cib.com
Tel: +852 2826 1052

i: 12 other financial institutions are: Mizuho Bank, Sumitomo Mitsui Banking Corporation, MUFJ Bank, ING
Bank, Australia and New Zealand Banking Group Ltd., Goldman Sachs Securities, Ltd., Citibank, Standard
Chartered Bank, Société Générale, Deutsche Bank, BNP Paribas, Hongkong and Shanghai BankingCorporation