Press releases

Very good start to the year for SFIL Group with a EUR 1.5 billion dual tranche bond transaction by CAFFIL

For the second consecutive year, Caffil has just been named « Best Covered Bond Issuer » awarded by CMD Portal.

This transaction is part of the EUR 6 billion issuance program for 2017 of Caisse Française de Financement Local (CAFFIL), which is almost entirely completed with an average maturity of more than 11 years in line with asset-liability profile. CAFFIL has chosen a long maturity for its new public offering after the 10-year transaction issued […]

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 […]

As every year, Caisse Française de Financement Local (CAFFIL) executed its first bond issue of the year during the first days of January. The bond issue launched today is a public benchmark transaction with a maturity of 10 years and a volume of EUR 1.5 billion, the largest volume ever launched by CAFFIL. The 10 […]

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 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 […]

To launch its third public offering of the year, Caisse Française de Financement Local (CAFFIL) today seized one of the last remaining market windows ahead of the UK referendum. Demand for the new covered bond issue was well diversified, with investor interest driven by the choice of a maturity not frequently used, offering an attractive […]

The new covered bond transaction of Caisse de Française de Financement Local (CAFFIL) has been launched in a context of favorable market conditions. Investor demand was strong and diversified for this transaction in benchmark size with a maturity of 10 years, a maturity segment very rarely used since the beginning of the year.