Export & agency

Coface raises €700m three-year loan

Coface has raised a €700 million ($823 million) three- year loan from Natixis, Societe Generale, BNP Paribas, Credit Agricole, and BRED as part of its three year capital reorganisation announced in September 2016. The plan targets cost savings of €30 million by 2018 and a return on average tangible equity of over 9%.

11 August 2017

Become a full TXF Essentials subscriber today for TXF’s very own expert news, data and analysis 365 days a year.
Click here to find out more