| Name | ISIN Code | Trade date | Maturity date | Currency | Nominal amount in currencye | File |
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| Name | ISIN Code | Trade date | Maturity date | Currency | Nominal amount in currency | File |
General Meetings of SFIL bondholders : why ?
The project to extend the benefit of SFIL’s export credit refinancing scheme to credits covered by the guarantee for projects that are strategic for the French economy abroad was announced on March 8, 2018. The decree governing credit insurance and the French loi de finances on the enhanced guarantee came into force in December 2018.
The purpose is to obtain all authorizations allowing SFIL to intervene in this new procedure in the course of 2019.
The purpose of SFIL’s project to extend its export credit activity to this new guarantee is to enable France to provide a financing tool comparable to the best equivalents abroad, in line with the practices observed in major exporting countries, notably in Asia. For SFIL, it represents opportunities for sector diversification, as this new guarantee covers a broader scope, a priori, than the traditional sectors of France’s major exports.
This extension project requires the modification of its corporate purpose, which currently covers credit transactions for the local public sector in France and export credit refinancing operations. It is therefore proposed to replace the reference to export credit refinancing operations by “any transaction that may benefit from a public guarantee”.
Consequently, the Chief Executive Officer of SFIL has decided to convene the General Meetings of SFIL bondholders as part of the amendment of its corporate purpose.
Important : this page, dedicated to investors, provides information common to SFIL and CAFFIL. To access additional information specific to each entity, please visit sfil.fr or caffil.fr.
SFIL Group is a public development Bank as defined by European Union regulations with two public policy missions:
Debt issued by SFIL is classified as Level 1 under Article 10.1.(e) of the LCR delegated Act
CAFFIL is the leading European public sector covered bond issuer with EUR 50 billion in outstanding covered bonds.
Announcement of the 7th public transaction of SFIL on Thursday May 16th Launch and pricing of the transaction on Friday May 17th at OAT + 29 BP / MS +3.8 BP with a final orderbook above EUR 2.8 billion, the largest book ever reached by SFIL Well diversified orderbook with 86 investors involved from different […]
Mandate announcement on Monday April 15th followed by strong investor response with IOIs above USD 1.25 billion Launch of the transaction on Tuesday April 16th at 09:00 am with a guidance of MS +19 area with the orderbook reaching USD 1.75 billion before noon Pricing of the transaction in the afternoon at MS +18 BP […]
As one of the signatories of the United Nations Global Compact, SFIL contributes to the achievement of key Sustainable Development Goals. As leading finance provider for the French local public sector SFIL plays a key role in financing investments in schools, nurseries, local public transport and in public healthcare facilities. Since 2015, SFIL acts as refinancing platform for export loans guaranteed by the French Republic within a strict framework. A large number of measures have been taken over recent years to expand SFIL’s environmental policy to reduce CO2 emissions and overall ecological impact. The Sustainable Development Committee, established in 2015 plays a key role in these efforts.
Last update 23/07/2019
Last update 23/07/2019
