Successful launch of the first covered bond transaction by SFIL Group of the year

10 February 2020

SFIL Group has successfully launched its first bond transaction of the year. The transaction was issued under covered bond format by CAFFIL with a maturity of 20 years and an issuance volume of EUR 750m. The transaction was announced on February 3rd with the order book opening on February 4th in the morning. Total orders exceeded EUR 1.6 billion after just two hours with the participation of more than 60 different investors.


"With this transaction with a long maturity, the 3rd time after those issued in January 2015 and June 2018, SFIL Group had a perfect start to its 2020 issuance program by taking advantage of the demand for safe assets in the long and very long maturity segment in a context of uncertainty on global growth generated by the Coronavirus crisis."

Philippe Mills, CEO of SFIL and Chairman of the Supervisory Board of CAFFIL

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