SFIL Group has successfully launched its 7th issue of the year for €750m. This 4th issue of green bonds, with a 5-year maturity and a 3.125% interest rate, issued by CAFFIL in covered bonds, will finance eligible green investments made by local authorities in France.
The transaction met with very strong demand from international investors with an order book of €1.6bn and was oversubscribed 2.1 times.
In total, 57 investors participated in the transaction and 78% of the issue was allocated to investors with strong commitments to responsible investment.
Local authorities play a key role in the ecological transition in France. As the leading lender to the local public sector, we are proud to support them in this process, with a renewed and enriched offer of sustainable loans adapted to the needs of local authorities.
Philippe Mills, Chief Executive Officer of SFIL and Chairman of the Supervisory Board of CAFFIL