Commentary & Deal Flow

Agence France Locale (ticker: AFLBNK, country: FR), rated A+ (Stable) by S&P and A+ (Stable) by Fitch, has mandated Credit Agricole CIB, DZ BANK, Goldman Sachs Bank Europe SE, J.P. Morgan and Societe Generale to lead manage a new €500m (will not grow) Reg S Bearer fixed rate Benchmark maturing 20 September 2033.

The transaction will be launched in the near future, subject to market conditions.

• Stabilisation: FCA/ICMA
• Target Market: The manufacturer target markets (MIFID II / UK MIFIR product governance) as assessed by the lead managers are eligible counterparties and professionals only (all distribution channels).