COFACE SA announces the success of its debt management

COFACE SA announces the achievements of its financial debt administration workout

Paris, 21 September 2022 – 15.3

COFACE SA (the “Corporation“) is announcing nowadays the benefits of the tender present which expired at 16:00 CET on 20 September 2022 (the “Tender Offer“) to repurchase its confirmed subordinated notes of an quantity of €380,000,000 bearing a fixed interest charge of 4.125 per cent., thanks on 27 March 2024, unconditionally and irrevocably certain on a subordinated basis by Compagnie française d’assurance pour le commerce extérieur (ISIN: FR0011805803) (the “Notes”). The Notes are admitted to trading on the regulated marketplace of Euronext Paris.

The Enterprise exceeded the most acceptance sum originally declared to the current market and will acknowledge the repurchase of a principal amount of EUR 153,400,000 Notes validly tendered at a fixed obtain cost of 103,625 for each cent., no tender pro-rating issue will be used.

The Firm is also saying the issuance on 22 September 2022 of €300,000,000 tier 2 notes bearing a mounted desire fee of 6.000 for each cent., because of on 22 September 2032 (the “New Notes”). The prospectus relating to the New Notes is accessible on: material/download/212146/3608417/version/1/file/Ultimate+Prospectus+2022.pdf.


This announcement does not constitute an invitation to take part in the Tender Give or to subscribe the New Notes in or from any jurisdiction in or from which, or to or from any human being to or from whom, it is illegal to make this kind of invitation less than applicable securities regulations. The distribution of this announcement in particular jurisdictions may be restricted by legislation. Individuals into whose possession this announcement arrives are required to notify them selves about, and to notice, any such constraints.

United States

The Tender Offer and the situation of the New Notes are not getting manufactured and will not be created immediately or indirectly in or into the United States as defined in Regulation S of the U.S. Securities Act of 1933, as amended (the “Securities Act“) or to U.S. People as outlined in Regulation S of the Securities Act (each and every a “U.S. Person“). Appropriately, copies of this doc are not remaining, and must not be, directly or indirectly, mailed or in any other case transmitted, dispersed or forwarded in or into the United States or to any these human being. The New Notes referred to herein have not been, and will not be, registered underneath the Securities Act, and may well not be presented or sold inside the United States absent registration or an applicable exemption from the registration necessities of the Securities Act. The Organization does not intend to sign-up any supplying of securities in the United States or to carry out a general public supplying in the United States.


ANALYSTS / Investors
Thomas JACQUET: +33 1 49 02 12 58 – [email protected]
Benoît CHASTEL: +33 1 49 02 22 28 – [email protected]

Saphia GAOUAOUI: +33 1 49 02 14 91 – [email protected]
Corentin HENRY: +33 1 49 02 23 94 – [email protected]

Economic CALENDAR 2021/2022
(subject matter to change)
9M-2022 effects: 27 Oct 2022 (after industry close)

Financial Data
This push launch, as perfectly as COFACE SA’s integral regulatory facts, can be uncovered on the Group’s website:

For regulated information on Substitute Overall performance Actions (APM), be sure to refer to our Interim Fiscal Report for H1-2022 and our 2021 Common Registration Document (see portion 3.7 “Key monetary efficiency indicators”).

  Controlled files posted by COFACE SA have been secured and authenticated with the blockchain technological innovation by Wiztrust. You can examine the authenticity on the site

With additional than 75 decades of experience and the most substantial global community, Coface is a chief in trade credit score coverage and adjacent specialty providers, including Factoring, One Threat insurance, Bonding and Information providers. Coface’s specialists work to the conquer of the world overall economy, serving to ~50,000 clientele create effective, developing, and dynamic businesses throughout the entire world. Coface allows companies in their credit decisions. The Group’s products and services and options reinforce their skill to market by guarding them from the dangers of non-payment in their domestic and export marketplaces. In 2021, Coface utilized ~4,538 folks and registered a turnover of €1.57 billion.

COFACE SA is quoted in Compartment A of Euronext Paris
Code ISIN: FR0010667147 / Mnémonique : COFA


DISCLAIMER – Sure declarations showcased in this press release may contain forecasts that notably relate to long run functions, trends, jobs or targets. By mother nature, these forecasts include things like determined or unknown risks and uncertainties, and may possibly be afflicted by lots of variables very likely to give increase to a significant discrepancy amongst the genuine effects and people mentioned in these declarations. You should refer to chapter 5 “Main chance components and their administration inside of the Group” of the Coface Group’s 2021 Common Registration Doc submitted with AMF on 6 April 2022 below the amount D.22-0244 in purchase to obtain a description of specific important aspects, dangers and uncertainties most likely to impact the Coface Group’s enterprises. The Coface Team disclaims any intention or obligation to publish an update of these forecasts, or supply new information on upcoming functions or any other circumstance.

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