Product wrap: Société Générale introduces iTraxx CLN in France

EUROPE DS Investment Solutions is marketing Maupiti Aout 2019 , a 4.9-year credit-linked note in France. The Luxembourg listed securities offer an annual coupon of 4.7% providing no more than three of the 125 reference companies that make up the iTraxx Europe Series 31 Version 1 are affected by a credit event (bankruptcy, payment default or debt restructuration). Otherwise, the capital return at maturity will be diminished by 16.667% for each company that encounters a credit event. SG Issuer, t