The CCF Group successfully issues 250 million euros of Tier 2 debt in an exceptional transaction.

Paris, February 20, 2025

The CCF Group successfully issues 250 million euros of Tier 2 debt in an exceptional transaction.

The CCF Group has successfully issued 250 million euros of Tier 2 debt, an exceptional transaction marked by massive demand. The order book exceeded 2.5 billion euros, representing an oversubscription rate of 10x with participation from more than 200 top-tier investor orders. This unprecedented enthusiasm allowed for a tightening of 35 basis points from the initial spread, reduced from 310bps to 275bps. This success illustrates the strong confidence investors have in the CCF Group's credit profile, transformation project, and development prospects.

Niccolò Ubertalli, CEO of the CCF Group, stated: "The great success of this issue reinforces the CCF Group's transformation strategy and long-term vision. We are delighted with this achievement and sincerely grateful to our investors for their trust and support. This transaction strengthens our financial solidity and once again demonstrates the credibility of the CCF Group's positioning in the French and international markets."

About the CCF Group

The CCF Group is a banking institution that has been active for over a century in retail banking, wealth management, and specialized financing. The retail banking activities are operated under the CCF brand and rely on a network of branches throughout France. The specialized financing activities focus on credit for individuals and businesses. The CCF Group is active in France and is headquartered in Paris.