2026
Strong success in the CHF market: Sfil group completes a second green issue in less than two months
Sfil group successfully launched a new bond issuance in Swiss francs under covered bond format via Caffil, confirming its strong commitment to this market with two transactions in less than two months.
With an issuance volume of CHF 100 m and a 12-year maturity, this Green Bond transaction was placed with 22 investors, mainly asset managers (67%), insurers (24%) and banks (9%).
This transaction is the longest-dated CHF covered bond issued by a French issuer since 2015.
| Transaction details Caffil – Covered Bond – Green Bond CHF 100 million / Maturity : July 8th 2038 Coupon : 1.29% Spread : SARON mid-swaps +52 bp Bookrunner: UBS |
This issue is also the group’s third green issue since the beginning of the year, and its fourth ESG issue in 2026.
Proceeds from this green bond will be dedicated to financing green investments by French local authorities, as well as major French export contracts with environmental benefits.
Launched under Sfil Group’s Green, Social & Sustainability Bond Framework, which was updated in November 2024, the funds raised will be fully allocated to financing or refinancing eligible green projects in areas such as:
- Territorial mobility and soft urban transport
- Renewable energy
- Energy efficiency of construction and urban development
- Sustainable water and sanitation
- Waste management and valuation
This transaction is in line with the group’s objective of completing 33% of annual funding volumes in ESG format over the 2024–2030 period.
Sfil group successfully launched a new bond issuance in Swiss francs under covered bond format via Caffil, confirming its strong commitment to this market with two transactions in less than two months.
With an issuance volume of CHF 100 m and a 12-year maturity, this Green Bond transaction was placed with 22 investors, mainly asset managers (67%), insurers (24%) and banks (9%).
“ Completed less than two months after our first Swiss franc transaction, this transaction illustrates the success of our strategy to diversify our funding sources. It strengthens our ability to support French local authorities and exporters over the long term, and our ability to finance projects with environmental benefits. ”
Philippe Mills
CEO of Sfil and Chairman of the Supervisory Board of Caffil
