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Caffil social bond framework

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 https://chiswickfarm.com

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

THE FRENCH AGENCY SUPPORTING LOCAL INVESTMENT …

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Caffil social bond framework

Caffil prices third social covered bond through curve

WebFor the third year in a row, after winning in 2024 and 2024, Caisse Française de Financement Local (CAFFIL) won the title of best asset-backed/asset-based/covered social bond, for its €750 million ($822.8 million) healthcare issue to finance public hospitals. WebCAF Social Bond Framework CAF’s Social Bond Framework has been developed to finance socially impactful expenditures, in particular those that support the region's …

Caffil social bond framework

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WebApr 28, 2024 · Caisse Française de Financement Local (Caffil) has launched the first negative yielding covered bond since the onset of the coronavirus crisis in Europe, after linking the use of proceeds from... WebApr 17, 2024 · Last month, Caffil sold its debut social bond with a €1bn trade that attracted orders of over €2.6bn from 110 investors. It became the first French issuer to sell a social covered bond.

WebCAFFIL’s intention to apply the proceeds of the subscription of the Green Bonds to the Eligible Green Loans. For the avoidance of doubt, references to Green Bonds herein should be construed as any securities to be issued by SFIL or CAFFIL in line and in accordance with the Green Bond Framework. WebApr 19, 2024 · Caffil’s social bonds are defined in its Social Note Framework. The covered bonds will be used to refinance its eligible health loan portfolio in accordance with the International...

WebCAFFIL’s intention to apply the proceeds of the subscription of the Green Bonds to the Eligible Green Loans. For the avoidance of doubt, references to Green Bonds herein … WebApr 19, 2024 · Caffil’s social bonds are defined in its Social Note Framework. The covered bonds will be used to refinance its eligible health loan portfolio in accordance …

WebOct 14, 2024 · The ‘Prime’ corporate responsibility rating by Oekom for covered bonds issuance by CAFFIL reflects the corporate responsibility of SFIL Group. In addition, IMUG has provided a ‘Positive BBB’ rating to covered bonds issued by CAFFIL. Corporate responsibility Green_Bond_Framework_October_2024 Download Last update …

WebThe €1 billion ($1.13 billion) transaction was the first sustainable covered bond to be issued by a French issuer. It has a coupon of 0.5% and a tenor of eight years, maturing on 19 February 2027. The proceeds of the bond were earmarked to be loaned to public hospitals in France, making it the first social issue in Europe dedicated ... cora thorneWebCAFFIL won Asset-backed/asset-based/covered social bond of the yearin last year's bond awards. Deal highlights: Issuer:CAFFIL Size:€750 million ($806 million) Maturity:16 November 2027 Coupon:3.125% Use of proceeds:Green investments by the French local public sector External reviewer:Sustainalytics famous tallulahWebJul 10, 2024 · A social bond is probably the most suitable type of bond to mitigate the pandemic’s social consequences, by financing SMEs and healthcare, for example — which are eligible assets categories... famous tall shipsWebDec 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 … cora thorntonWebThe €1 billion ($1.13 billion) transaction was the first sustainable covered bond to be issued by a French issuer. It has a coupon of 0.5% and a tenor of eight years, maturing on 19 … famous tall people in historyWebFeb 18, 2024 · The French covered bond market ranked second globally in 2024, with over €311 billion of outstanding bonds at year-end. Benchmark covered bond issuance in … cora thorbeckeWebMar 30, 2024 · CAFFIL, leading European issuer of covered bonds secured by public sector assets. Wholly-owned subsidiary of SFIL, ... Best asset backed, asset based, and social … famous tall buildings in new york