Press releases

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.

Caisse Française de Financement Local (CAFFIL) has today executed its first public covered bond transaction of the year, consisting of two tranches in benchmark size offering maturities of 6 and 15 years with a total volume of EUR 1.5 billion.

Caisse Française de Financement Local (CAFFIL) launched today its 4th covered bond public issue of the year, with a benchmark size and a spread of 5 basis points above the swap curve.

Caisse Française de Financement Local (CAFFIL) has today, September 2nd 2015, launched a new public Obligations Foncières (covered bond) transaction at an efficient cost with a spread of 5.5 bps below the OAT curve.

The European Commission announced today that it authorizes the public bank SFIL and its subsidiary CAFFIL to extend their scope of activities to the refinancing of large export credits. This new mission entrusted to SFIL by the French state consists in refinancing credits-buyers contracts insured by Coface. SFIL will thus contribute to improve export competitiveness […]

Caisse Française de Financement Local (CAFFIL) launched today, April 16, 2015, its second public issue of Obligations Foncières (covered bonds) for this year, and the sixth since the creation of CAFFIL signature in 2013. This issue has a benchmark size of EUR 1.0 billion, and the choice of an eight year maturity creates a new […]

SFIL will be at the heart of the new set-up announced today by the President of the French Republic to strengthen the export capacity of French companies. The public bank will refinance loan contracts to export clients insured by the French export credit agency Coface and thus contribute to improve competitiveness for large export contracts.