Great success for Sfil Group’s inaugural CHF bond issuance

Sfil Group has successfully launched its first-ever bond issuance in Swiss francs, in the form of Caffil covered bonds. Amounting to CHF 130 million with a 10-year maturity, this green bond marks Caffil’s first foreign-currency transaction since 2013.

The transaction attracted strong demand, with 25 investors participating, confirming the appeal of the Caffil signature in the Swiss market as well. The issuance was largely placed with asset managers (62%), followed by banks (28%) and insurers (11%).

Following four euro-denominated transactions since the start of 2026, this issuance contributes to diversifying Caffil’s funding sources while further broadening its investor base.

Sfil Group is thus continuing the implementation of its 2026 funding program, which is now nearly 70% completed.

This transaction also represents the group’s first green bond of the year and the second ESG bond issued 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 aligns with the group’s objective of maintaining ESG issuances at 33% of its annual funding volumes over the 2024–2030 period.

“ This inaugural issuance in Swiss francs represents a significant milestone for Sfil. It demonstrates both our ability to diversify our funding sources and the trust placed in us by Swiss investors. I would like to sincerely thank all the investors for their confidence and strong engagement, which have greatly contributed to the success of this transaction. Their support strengthens our ability to finance the real economy and support the ecological transition. ”

Philippe Mills

CEO of Sfil and Chairman of the Supervisory Board of Caffil