Aller au contenu principal

fr en

AGENCE FRANCE LOCALE


Agence Fran​​ce Locale's main characteristics:

  • Agence France Locale is a new entity dedicated to the funding of French local authorities
  • Authorized by the banking law dated 26 July of 2013 and incorporated on 17 December 2013, Agence France Locale was granted a banking license as a specialist credit institution on 12 January 2015
  • The unique French local government funding agency fully-owned by the French local authorities themselves
    • 100%-owned by French local authorities, its sole mandate is to distribute attractive loans to French local authorities by raising cost-efficient funds in the capital markets thanks to the pooling of volumes and a robust financial structure 
  • A dual first call guarantee system:
    • Each member local authority acts as guarantor up to the amount of its total outstanding borrowings with Agence France Locale
    • ​A guarantee from Agence France Locale - Société Territoriale
  • Agence France Locale is regulated by the French prudential supervisory authority (ACPR)
  • Agence France Locale is under review by the French Court of Auditors (Cour des Comptes)
  • The French Financial Markets Auhority (AMF) has given Agence France Locale a visa for its EMTN programme on 6 March 2015 
  • Moody's assigned Aa3/P-1 ratings to Agence France Locale
  • Target of 25% market share of total French local authorities’ funding needs in the long term

Since June 2, 2016 AFL bond issues have been eligible to the Public Sector Purchase Program (PSPP) of the European Central Bank. 

C​lick here for more information

 

​Agence France Locale

​Terms bound to affect access to financial information contained in AFL website

Access to and use of the following pages of this website, which contain financial information the proper understanding and, eventually, use of which, require a specific knowledge of the financial markets, are subject to the confirmation that you have read and accepted the terms set forth in the paragraphs below. If you do not agree to be bound by these terms you should not access or view the following pages of this website. If you agree to be bound by these terms, please click on the "I agree" button below to access the following pages of this website.

The information contained in the following pages of this website is presented by Agence France Locale (the "Company") for information purpose only and does not constitute or form part of any recommendation, solicitation, offer or invitation to purchase or subscribe for any shares, securities, bonds and/or notes (together, if any, the "Securities") that maybe issued by the Company. Neither it nor any part of this information shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.

Any person who would acquire Securities must rely solely on a final prospectus or other equivalent document published by the Company in connection with such Securities (a "Prospectus") and shall independently and with its own advisers assess the relevance of (i) the information contained herein and (ii) the suitability of an investment in the Securities.

No representation or warranty, express or implied, is made as to, and no reliance may be placed for any purposes whatsoever on, the fairness, accuracy, completeness or correctness of the information and opinions presented in the following pages of this website, notably regarding projections, forecasts, estimates and other forward-looking statements they include, which partially rely on anticipation. [None of the Company, or any of its affiliates, shareholders, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of the Information or otherwise arising in connection with the Information.]

The information, resources and documents contained in the following pages of this website are the exclusive property of the Company and should not be reproduced, distributed or transmitted to any third party nor published in whole or in part by any means, without the prior written consent of the Company. The information and opinions presented in the following pages of the website are subject to change without notice and the Company does not undertake any obligation to update or revise the information, opinions, resources and documents contained in the following pages of this website.

In some countries, the offer or sale of Securities as well as the mere reproduction, distribution and/or transmission of the information may be unlawful and/or subject to legal restrictions and/or regulations. It is the recipient's responsibility to assess whether it may use and/or review such information. In particular, the following pages of this website and the information contained herein do not constitute an offer of Securities for sale in the United States and are not for publication or distribution to third parties in the United States (within the meaning of Regulation S under the United States Securities Act of 1933, as amended, i.e. the "Securities Act"). Readers of this notice are invited to inform themselves about and comply with such restrictions and/or regulations.​