Report
Carine Maciol

Coface : New Tier 2 2033 issue

Coface revisits the market with another Tier 2 2033 bullet issue, some 14 months after the previous one. The issuance amount is also expected to be € 300m. It should help offset, within the solvency ratio, the repayment in March 2024 of the remaining € 226m of the Tier 2 2024. - We take this opportunity to publish an update on the group's fundamentals. - > - - - ...
Underlying
Coface SA

Coface is a holding company that performs its activities through its primary operating subsidiary, Compagnie franASSaise d'assurance pour le commerce extA(c)rieur and its subsidiaries. Through its subsidiaries, Co. is a provider of credit insurance to businesses with solutions to protect them against the rist of client insolvency on both domestic and export markets.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Carine Maciol

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