foncier.fr Open in urlscan Pro
91.135.181.240  Public Scan

Form analysis
1 forms found in the DOM

GET https://foncier.fr/en/

<form action="https://foncier.fr/en/" role="search" method="get" id="searchform" class="searchform">
  <div id="modal_zsearch" class="sr-only"></div>
  <div class="container">
    <div class="row justify-content-md-center">
      <div class="col-md-10">
        <fieldset>
          <legend class="sr-only">Faire une recherche</legend>
          <div id="search_field">
            <label for="search" class="sr-only">Your search...</label>
            <input type="text" name="s" id="search" class="text" placeholder="Your search..." value="">
          </div>
          <button type="submit" class="bton bgcolor3"><span>search</span></button>
          <button class="close_search">close</button>
        </fieldset>
      </div>
    </div>
  </div>
</form>

Text Content

 * Aller au contenu

 * Fr

 * Home
 * Profile
    * Presentation
    * Key figures
   
    * Positioning
    * Ratings
   
    * Historical review

 * Business model
    * Legal safeguards
   
    * Financial safeguards
   
    * Institutional safeguards

 * Asset cover pool
    * Functionning
   
    * Provenance and eligibility of assets
   
    * Composition

 * Issues
    * Obligations foncières
   
    * List of issues

 * Financial communication
    * Regulated information
    * Investor Presentation
   
    * Additional information
   
    * Universal registration documents / Registration documents

 * Contact

 * 

Back

Uncategorized


€€€ NEW MANDATE: CFF LONG 5YR EUR 500M (WNG) INAUGURAL SOCIAL OF €€€

Published on 2 October 2023
3 min
 * 

New Mandate — CFF €500m (WNG) long 5-year inaugural Social covered bond

Dear all,

We have just announced a Global Investor Call and investors meetings in relation
to a new €500m (WNG) long 5-year (January 2029) inaugural Social (Social Housing
& Healthcare) covered bond transaction for Compagnie de Financement Foncier
(“CFF”), for execution in the near future, subject to market conditions. Natixis
is acting as Joint Bookrunner.

Transaction rationale:

 * Groupe BPCE covered bonds funding target for 2023 has been set at €12bn
   (including BPCE SFH, CFF and Natixis Pfandbriefbank issues) out of a targeted
   total MTL funding plan of €29bn. The Groupe covered bond funding target has
   already been achieved prior to this new transaction.
 * CFF had €4.7bn in benchmark covered bond redemptions falling in 2023, of
   which one EUR benchmark of €1.5bn that was repaid mid-September.
 * This transaction is CFF’s third EUR covered bond in 2023, after it publicly
   issued a €1.75bn 8.5-year in March and a €1bn 6-year in May.
 * This transaction is CFF inaugural Social covered bond, with Use of Proceeds
   dedicated to Social Housing and Healthcare. This will also be the first bond
   from Groupe BPCE to include Social Housing in the UoP categories. Of note,
   BPCE has already issued Social Bonds addressing Local Economic Development,
   Sport Economy and Healthcare.
 * CFF refinances loans to French Territorial Public Sector as well as Social
   loans (social inclusion loans, Zero interest loans…) through the issuance of
   covered bonds.
 * CFF has received the “European Covered Bond (Premium)” Label.

Roadshow details:

 * Global Investor Call on Wednesday 04th October at 15.00 CET: Registration URL
 * The CFF / BPCE team will be represented by: Paul Dudouit – Head of Funding &
   Investor Relations at CFF, Gregory Glycococalos – Investor Relations & ESG at
   CFF, France de Sury – Head of Investor Relations at Groupe BPCE, Anne-Laure
   Garnier – Head of Portfolio Management at Groupe BPCE

Groupe BPCE ESG Ratings:

 * Moody’s ESG solutions: 62/100 – Top 3% of all banks worldwide
 * ISS ESG: Prime C – prime status – Top decile of all banks worldwide
 * Sustainalytics: 15.8 – Top 13% of all banks worldwide
 * MSCI: AA Top 30 % of all banks worldwide

CFF Social covered bond – Social Housing & Healthcare:

 * CFF Social covered bond is issued out of Groupe BPCE Sustainable Development
   Bond Programme. The Framework has been set up in April 2020 to issue Green
   and Social Bonds with the latter including Human Development and Local
   Economic Development Bonds
 * This Bond’s proceeds will address two categories within Human Development:
   Social Housing and Healthcare in France
 * Use of Proceeds: finance or refinance eligible loans for two categories of
   assets: Social Housing (loans dedicated to HLM and loans dedicated to
   promoting social home ownership) and Healthcare Assets (French Public
   Hospitals)
 * Eligible loan portfolio is €819m split 59% on Social Housing and 41% on
   Public Hospitals
 * Target population for Social Housing: Low-income population subject to
   conditions of resources defined regarding the reference tax revenues of each
   person living in the household, depending on geographic areas.
 * Process for project evaluation& selection is described in dedicated
   methodology note for each category.
 * Management of Proceeds: on a portfolio approach with a 3-year look back
   period.
 * Reporting: once a year BPCE will report on:
   * 1. Allocations by eligible project category; 2. Share of Proceeds allocated
     to financing or refinancing; 3. Yet to be allocated amount of cash or cash
     equivalents; 4. Number, geography and amount of loans granted to public
     hospitals and actors involved in the sport economy

 * * Impact measurements: an evaluation of the bond benefits based on social
     datas
 * An SPO has been provided by Moody’s ESG Solutions (previously Vigeo Eiris) on
   BPCE methodology notes.
 * Alignment: The Framework is aligned with ICMA Social Bond Principles

Marketing pack:

 * Link to Social Housing Methodology Note / Second Party Opinion / Dedicated
   Social IP:
   https://groupebpce.com/en/investors/sustainable-bonds/social-bonds/social-housing
 * Link to Healthcare Methodology Note / Second Party Opinion / Dedicated Social
   IP:
   https://groupebpce.com/en/investors/sustainable-bonds/social-bonds/healthcare
 * Regular CFF IP and investor reports:
   https://backoffice-foncier.prd.mycloud.intrabpce.fr/en/investor-presentation/
 * Base Prospectus and any supplements:
   https://backoffice-foncier.prd.mycloud.intrabpce.fr/en/prospectus-emtn/

Recents news
Download
Information on the availibility of the First Supplement to the Base Prospectus
2023
30 August 2023
PDF, 78 KB
Download
The 2023 half-year Financial report incorporated in the Universal registrated
document is now available online
24 August 2023
PDF, 154 KB
Download
Press release on financial results for the first half of 2023
25 July 2023
PDF, 269 KB
Download
CFF Covered Bond Issuance Update - July 2023
18 July 2023
PDF, 374 KB
‹›

 * Legal notice
 * Accessibility


Faire une recherche
Your search...
search close
New search close


Load more

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in
settings.

Accept Reject Settings
Close GDPR Cookie Settings
 * Privacy Overview
 * Strictly Necessary Cookies
 * 3rd Party Cookies

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user
experience possible. Cookie information is stored in your browser and performs
functions such as recognising you when you return to our website and helping our
team to understand which sections of the website you find most interesting and
useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save
your preferences for cookie settings.

Enable or Disable Cookies

If you disable this cookie, we will not be able to save your preferences. This
means that every time you visit this website you will need to enable or disable
cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the
number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Enable or Disable Cookies

Please enable Strictly Necessary Cookies first so that we can save your
preferences!

Enable All Save Settings