Press releases

Caisse Française de Financement Local (CAFFIL) executed today its second public covered bond issue of the year with a benchmark size (after a 10 year issue in January for EUR 1.5 billion). For this transaction, the subsidiary of the French State owned development bank Sfil has chosen to simultaneously offer two new bond issues with […]

Fully operational and profitable since mid 2015, Sfil has posted six quarters of positive current income, demonstrating the strength of its model. The three missions assigned to Sfil by the French State (its reference shareholder) upon its creation in February 2013, – financing the French local public sector, to ensure the success of the program […]

Sfil, the public development bank, has signed the refinancing of an export credit for the extension of a gas-fired power plant by General Electric France in Tunisia. Sfil’s participation will represent 95% of the export credit amount.

Caisse Française de Financement Local (CAFFIL) today executed the fourth public benchmark transaction of the year 2016. Investor demand for the transaction was strong and well diversified, paving the way for a quick execution following the announcement of the deal in the morning. The long maturity is in line with the profile of CAFFIL, providing […]

Sfil, the French local public sector and export financing agency, has today launched its inaugural bond transaction with a maturity of 8 years and a volume of EUR 1 billion. Strong and well diversified demand for this inaugural bond issue reflects the public development bank status of Sfil, the classification as Level 1 debt for […]

Sfil, the public development bank, has finalized its participation in the financing of two cruise ships built by STX France for the US cruise line company RCCL. Sfil’s participation will represent nearly half of the €1.3 billion export credit provided by the banking pool. This operation is the first transaction completed by Sfil under its […]