SNCF to raise €952m in securitisation
France’s national railway operator, SNCF, has raised €952m of funding through a securitisation of monthly subsidies from Paris’s public transport authority, Syndicat des transports d’Ile de France (STIF), that help SNCF with the upkeep and purchase of trains.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast