French Development Bank SFIL Pulls Bond Sale Amid Election Angst
- SFIL postpones green bond offering day after mandating banks
- Snap election has triggered selloff in French debt this week
This article is for subscribers only.
A French public development bank has delayed the sale of a green bond after a week that saw the country’s government debt tumble ahead of upcoming elections.
SFIL SA postponed the offering of a green bond on Friday, without giving a specific reason, according to a person familiar with the matter. The delay was due to volatility in the French market, said another person with knowledge of the offering, asking not to be identified as the matter was private.