WebOct 14, 2024 · The green framework is distinct from SFIL’s Social Note Framework , from which Caffil issued its first social covered bond in February this year . The green framework was designed by SFIL in ...
THE FRENCH AGENCY SUPPORTING LOCAL INVESTMENT …
WebJan 28, 2024 · “Our social bond programme will contribute to financing these investments.” Caffil expects to issue between €4bn and €5bn this year and kickstarted its funding programme, away from its green and social issuance, 11 January, when it issued the second euro benchmark of the year, a a €1.5bn long 10 year deal. Webobligations of SFIL. Net proceeds of Social Bonds issued by SFIL will be used to finance or refinance, in whole or in part, the Eligible Health Loan Portfolio as defined in 3.1. by … cora thiel
Social Bonds - asset-backed/asset-based & covered bond of the year - CAFFIL
WebDec 13, 2024 · The bond has an external assessment by Sustainalytics and is the first to be issued under SFIL’s Social Note Framework of September 2024, which will fund €400m of hospital lending per year. Caffil also issued its first benchmark €750m 10-year covered green bond in November, and plans to issue one or two social or green deals per year. WebApr 28, 2024 · The bond was issued using Caffil's already-established social bond framework, under which all proceeds are used to finance and refinance loans to French public hospitals originated by the public development bank SFIL, Caffil's parent. SFIL said it expects a large share of this year's lending to public hospitals to be directly Covid-19 … WebThe notes placed by Caffil in May were the first social cov-ered bonds related to Covid-19 from the French underwriter, a subsidiary of the public development bank SFIL. This bank, together with its partner La Banque Postale, is market leader in municipal lending in France. The proceeds of the bond, which was several times oversubscribed, were ear- cora therapy in south county mo