The Sfil group has successfully launched its 7th public bond issue in 2024 for an amount of €1.25bn with a maturity of 7 years. This is also the first issue on the French bond market aimed at financing social investments in the local public sector in France.
The proceeds from this issue, launched under the framework of Sfil group's green, social, and sustainable bonds*, will be used to finance two types of social investments:
- Access to essential services, such as educational institutions (schools, colleges, high schools) and early childhood facilities (nurseries), or cultural facilities;
- The development and cohesion of territories, including the construction of high-speed networks or urban renewal programs.
With an order book reaching €1.5bn, the transaction brought together 70 investors, including 78% banks and 11% central banks.
The great success of this social issue dedicated to the social investments of local authorities demonstrates the confidence of our investors in the potential of responsible investment and its contribution to financing investments in the local public sector in France.
Philippe Mills, CEO of Sfil and Chairman of the Supervisory Board of Caffil
To learn more about the operation, read the press release
Also read our article Sfil: €50 billion in loans to the local public sector in 11 years!
*Published in October 2022