COFACE SA announces the issuance of €300,000,000 tier 2 notes

COFACE SA announces the issuance of €300,000,000 tier 2 notes

Paris, 27 November 2023 – 17.45

COFACE SA is announcing the issuance on 21 November 2023 of €300,000,000 tier 2 notes bearing a fixed interest rate of 5.750 per cent., due on 28 November 2034. The information relating to the New Notes is available on:
https://www.coface.com/investors/regulated-information/debt-issuances

The proceeds from this bond issue will be used mainly to refinance its guaranteed subordinated notes of an amount of €226,600,000 bearing a fixed interest rate of 4.125 per cent., due on 27 March 2024, (ISIN: FR0011805803).

The bonds, which are rated BBB+ (Stable) by Fitch and Baa1 (Stable) by Moody’s, will be admitted to trading on Euronext Paris from the settlement date, which is scheduled to take place on 28 November 2023.

CONTACTS

ANALYSTS / INVESTORS
Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
Benoît CHASTEL: +33 1 49 02 22 28 – benoit.chastel@coface.com

MEDIA RELATIONS
Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
Adrien BILLET: +33 1 49 02 23 6394 – adrien.billet@coface.com

FINANCIAL CALENDAR 2023/2024
(subject to change)
FY-2023 results: 27 February 2024 (after market close)
Capital market day: 5 March 2024 (Paris)
Q1-2024 results: 6 May 2024 (after market close)
Annual General Shareholders’ Meeting 2023 : 16 May 2024
H1-2024 results: 5 August 2024 (after market close)
9M-2024 results: 5 November 2024 (after market close)

FINANCIAL INFORMATION
This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website:
http://www.coface.com/Investors

For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2023 and our 2022 Universal Registration Document (see part 3.7 "Key financial performance indicators”).

DISCLAIMER - Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 "Main risk factors and their management within the Group” of the Coface Group's 2022 Universal Registration Document filed with AMF on 6 April 2023 under the number D.23-0244 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group's businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

Attachment

• 2023 11 27 PR Debt emission