Commentary & Deal Flow

Agence Francaise de Developpement (ticker: "AGFRNC", country: France), rated A+/A+ (S&P/Fitch), has mandated Barclays, BofA Securities, Credit Agricole CIB, Deutsche Bank, Goldman Sachs Bank Europe SE and HSBC as Joint Lead Managers.

An expected €1bn (no-grow), Reg S Bearer Dematerialised, 15yr Senior Unsecured Euro-denominated benchmark due 15-Jul-41 will be launched in the near future, subject to market conditions.

The manufacturer target markets (MiFID II/UK MiFIR product governance) as assessed by the lead managers are professionals and eligible counterparties (all distribution channels). FCA/ICMA stabilisation.