Société de Financement Local €600 million covered bond programme

5/5/2015
Covered bond issue

€ 600 million

$ 635.955 million

Completed

5/5/2015


Overview:

  • French public sector Credit financing organisation Société de financement local successfully established a €600 million covered bond programme. 
  • The programme was designed to refinance certain existing Coface guaranteed export loans. 

John Crabb - Journalist

Jurisdiction:

France

Deal type:

Covered bond issue

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

France

Industry sector:

Financial services


Firm:

Party: BNP Paribas (Underwriter)

Party: Société Générale Corporate & Investment Banking (Underwriter)

Party: Société de financement local (Issuer)

Lawyer: Julien Roux