Highly successful fifth transaction of the year for SFIL Group
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Highly successful fifth transaction of the year for SFIL Group
Posted 27 May, 2021 - 14:40 | Category : Investor updates, Press releases.
Following three covered bond transactions issued by CAFFIL and a transaction by SFIL in USD, SFIL Group successfully launched its fifth transaction of the year 2021.
The transaction was issued by SFIL with a maturity of 8 years and an issuance volume of EUR 1 billion.
After several episodes of volatility, SFIL seized the opportunity of a more stable market and improved OAT/Swap spread conditions to launch its euro transaction. This transaction gets the tightest spread against OAT for a SFIL EUR transaction.
The order book reached EUR 2.5 billion – an oversubscription rate of x2.5 – with the participation of 80 different investors – showing a good granularity synonymous of a strong diversification of investor demand in terms of both geography and type.Download the file