Our Auto Credit Day 2020 goes virtual!
The Auto Credit Day has gone from strength to strength over the last few years and this year we made our first foray into the brave new world of virtual conferences. The event and format were a resounding success, with positive feedback from investors and issuers alike. Issuers and investors dialled in by video from their homes or offices, from different parts of the world, from the US West coast to different parts of Europe.
This year’s strong line-up of 16 issuers representing all 5 of the top Automotive OEMs (Original Equipment Manufacturers) and 8 of the top 10 OEMs globally was reflected by significant investor interest - over 80 investors registered, and 225 one-on-one/small group meetings were held. This represents a material increase to last year’s conference and is a reflection of our strength and focus in the sector globally. The timing of the conference was also particularly relevant given the challenges faced by the car industry amid the electrification of the industry and the aftermath of the Covid-19 outbreak.
For investors this is a unique opportunity to meet all the major issuers from this sector on one day. The conference has added to the strong momentum with our clients in this important sector, resulting in many business opportunities to be followed up.
“The Credit business is a key strength for Crédit Agricole CIB. We are committed to maintaining leadership in this business. Providing a platform like this to our clients is an integral part of the value proposition as a leading bank in the credit markets. I am delighted that the pandemic did not come in the way of us providing this platform to our valued clients. Thanks to all who contributed to make this event a success and big congratulations to all involved!”
Atul Sodhi, Global Head of Debt Capital Markets