Obligation Caisse Nationale du Financement Local 0.125% ( FR0014001ZD3 ) en EUR

Société émettrice Caisse Nationale du Financement Local
Prix sur le marché 100 %  ▲ 
Pays  France
Code ISIN  FR0014001ZD3 ( en EUR )
Coupon 0.125% par an ( paiement annuel )
Echéance 15/02/2036 - Obligation échue



Prospectus brochure de l'obligation Caisse Française de Financement Local FR0014001ZD3 en EUR 0.125%, échue


Montant Minimal /
Montant de l'émission /
Description détaillée La Caisse Française de Financement Local (CFFL) est un établissement public national français qui assure le financement des collectivités territoriales et de leurs groupements.

L'instrument obligataire référencé sous le code ISIN FR0014001ZD3, émis par la Caisse Française de Financement Local, une institution financière française publique spécialisée dans le refinancement des collectivités territoriales et des établissements publics locaux en France, a récemment atteint son terme; ce titre de dette, libellé en EUR et porteur d'un taux d'intérêt annuel de 0.125% avec une fréquence de paiement de 1, affichait un prix de marché de 100% avant son échéance finale fixée au 15 février 2036, date à laquelle cette obligation a été intégralement remboursée, concluant ainsi son cycle de vie financier.








PRIIPS REGULATION - PROHIBITION OF SALES TO EEA RETAIL INVESTORS - The Obligations Foncières
are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made
available to any retail investor in the European Economic Area (the "EEA"). For these purposes, a retail investor means
a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU of the
European Parliament and of the Council dated 15 May 2014 on markets in financial instruments (as amended, "MiFID
II"); or (ii) a customer within the meaning of Directive 2016/97/EU of the European Parliament and of the Council dated
20 January 2016 on insurance distribution, as amended (the "Insurance Distribution Directive") where that customer
would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified
investor as defined in Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 on
the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, as
amended (the "Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No
1286/2014 of the European Parliament and of the Council dated 26 November 2014 on key information documents for
packaged retail and insurance-based investment products (as amended, the "PRIIPs Regulation") for offering or selling
the Obligations Foncières or otherwise making them available to retail investors in the EEA has been prepared and
therefore offering or selling the Obligations Foncières or otherwise making them available to any retail investor in the
EEA may be unlawful under the PRIIPs Regulation.
UK PRIIPS REGULATION - PROHIBITION OF SALES TO UK RETAIL INVESTORS ­ The Obligations
Foncières are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise
made available to any retail investor in the United Kingdom (the "UK"). For these purposes, a retail investor means a
person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Commission Delegated Regulation
(EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the
"EUWA"); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000, as
amended (the "FSMA") and any rules or regulations made under the FSMA to implement the Insurance Distribution
Directive, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of
Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial
instruments as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article
2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA. Consequently, no key
information document required by the PRIIPs Regulation as it forms part of domestic law by virtue of the EUWA (the
"UK PRIIPs Regulation") for offering or selling the Obligations Foncières or otherwise making them available to retail
investors in the UK has been prepared and therefore offering or selling the Obligations Foncières or otherwise making
them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.

MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGIBLE COUNTERPARTIES
ONLY TARGET MARKET ­ Solely for the purposes of the manufacturers' product approval process, the target market
assessment in respect of the Obligations Foncières, taking into account the five (5) categories referred to in item 18 of
the Guidelines published by ESMA on 5 February 2018, has led to the conclusion that: (i) the target market for the
Obligations Foncières is eligible counterparties and professional clients only, each as defined in MiFID II; and (ii) all
channels for distribution of the Obligations Foncières to eligible counterparties and professional clients are appropriate.
Any person subsequently offering, selling or recommending the Obligations Foncières (a "distributor") should take into
consideration the manufacturers' target market assessment; however, a distributor subject to MiFID II is responsible for
undertaking its own target market assessment in respect of the Obligations Foncières (by either adopting or refining the
manufacturers' target market assessment) and determining appropriate distribution channels.





Final Terms dated 24 August 2021



CAISSE FRANÇAISE DE FINANCEMENT LOCAL
(the "Issuer")
Legal entity identifier (LEI): 549300E6W08778I4OW85

Issue of Euro 150,000,000 0.125 per cent. Obligations Foncières due 15 February 2036
(the "Obligations Foncières")
to be assimilated (assimilées) and form a single series with the existing Issue of
Euro 750,000,000 0.125 per cent. Obligations Foncières due 15 February 2036 issued on 15 February 2021 as
Tranche 1 (the "Existing Obligations Foncières")
under the
Euro 75,000,000,000
Euro Medium Term Note Programme
for the issue of Obligations Foncières
Due from one month from the date of the original issue

SERIES NO: 2021-2
TRANCHE NO: 2

Issue Price: 99.842 per cent. of the Aggregate Nominal Amount of the Tranche plus an amount corresponding to
accrued interest at a rate of 0.065753425 per cent. of such Aggregate Nominal Amount for the period from, and
including 15 February 2021 to, but excluding, the Issue Date
Manager
BARCLAYS BANK IRELAND PLC




PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the "Conditions")
which are the 2020 EMTN Conditions which are incorporated by reference in the base prospectus dated 11 June 2021
which received approval number 21-217 from the Autorité des marchés financiers (the "AMF") on 11 June 2021 (the
"Base Prospectus") which constitutes a base prospectus for the purposes of Article 8.4 of the Prospectus Regulation.
This document constitutes the final terms (the "Final Terms") of the Obligations Foncières for the purposes of Article 8.4
of the Prospectus Regulation and must be read in conjunction with the Base Prospectus in order to obtain all the relevant
information, save in respect of section "Terms and Conditions of the Obligations Foncières" which is replaced by the
2020 EMTN Conditions. The Base Prospectus and these Final Terms are available for viewing free of charge on the
website of the AMF (www. amf-france.org) and on the website of the Issuer (www.caffil.fr).

1
Issuer:
Caisse Française de Financement Local
2
(i)
Series Number:
2021-2

(ii)
Tranche Number:
2

(iii)
Date on which the Obligations Foncières
The Obligations Foncières will be assimilated
become fungible:
(assimilées) and form a single series with the
existing Euro 750,000,000 0.125 per cent.
Obligations Foncières due 15 February 2036
issued by the Issuer on 15 February 2021 (the
"Existing Obligations Foncières") as from the
Issue Date of this Tranche.
3
Specified Currency:
Euro ("")
4
Aggregate Nominal Amount:


(i)
Series:
900,000,000

(ii)
Tranche:
150,000,000
5
Issue Price:
99.842 per cent. of the Aggregate Nominal
Amount of the Tranche plus an amount
corresponding to accrued interest at a rate of
0.065753425 per cent. of such Aggregate
Nominal Amount for the period from, and
including 15 February 2021 to, but excluding,
the Issue Date.
6
Specified Denomination:
100,000
7
(i)
Issue Date:
26 August 2021

(ii)
Interest Commencement Date:
15 February 2021
8
Maturity Date:
15 February 2036
9
Interest Basis:
0.125 per cent. per annum Fixed Rate


(further particulars specified below)
10
Redemption Basis:
Subject to any purchase and cancellation or
early redemption, the Obligations Foncières
will be redeemed on the Maturity Date at
100 per cent. of their nominal amount.
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11
Change of Interest Basis:
Not Applicable
12
Call Options:
Not Applicable
13
Date of the corporate authorisation for issuance of
Decision of the Directoire of Caisse Française
Obligations Foncières obtained:
de Financement Local dated 25 March 2021.


PROVISIONS RELATING TO INTEREST PAYABLE
14
Fixed Rate Obligation Foncière Provisions:
Applicable

(i)
Rate of Interest:
0.125 per cent. per annum payable annually in
arrear on each Interest Payment Date.

(ii)
Interest Payment Dates:
15 February in each year commencing on 15
February 2022, not adjusted

(iii)
Fixed Coupon Amount:
125 per Specified Denomination in nominal
amount

(iv)
Broken Amount:
Not Applicable

(v)
Day Count Fraction (Condition 5(a)):
Actual / Actual ICMA

(vi)
Determination Dates (Condition 5(a)):
15 February in each year

(vii)
Business Day Convention:
Not Applicable

(viii)
Business Centre:
Not Applicable
15
Floating Rate Obligation Foncière Provisions:
Not Applicable
16
Inflation Linked Interest Obligation Foncière

Provisions:
Not Applicable
17
Index Formula:
Not Applicable
18
Underlying Formula:
Not Applicable
19
CPI Formula:
Not Applicable
20
HICP Formula:
Not Applicable




PROVISIONS RELATING TO REDEMPTION

21
Call Option:
Not Applicable
22
Final Redemption Amount of each Obligation

Foncière:
100,000 per Obligation Foncière of 100,000
Specified Denomination
23
2Inflation Linked Obligations Foncières ­ Provisions

3relating to the Final Redemption Amount:
Not Applicable
24
Early Redemption Amount:


Early redemption for taxation reasons:
Not Applicable
25
Zero Coupon Obligation Foncière Provisions:
Not Applicable
26
Inflation Linked Obligations Foncières ­ Provisions

relating to the Early Redemption Amount:
Not Applicable
A43712881
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GENERAL PROVISIONS APPLICABLE TO THE OBLIGATIONS FONCIÈRES
27
Form of Obligations Foncières:
Dematerialised Obligations Foncières

(i)
Form
of
Dematerialised
Obligations
Bearer form (au porteur)
Foncières:

(ii)
Registration Agent:
Not Applicable

(iii)
Temporary Global Certificate:
Not Applicable

(iv)
Applicable TEFRA exemption:
TEFRA not applicable
28
Financial Centre (Condition 7(h)) or other special

provisions relating to Payment Dates:
TARGET

(i)
Adjusted Payment Date (Condition 7(h)):
As per Condition 7(h)
29
Talons for future Coupons to be attached to definitive

Materialised Obligations Foncières (and dates on

which such Talons mature):
Not Applicable
30
2Redenomination provisions:
Not Applicable
8
31
2Consolidation provisions:
Not Applicable
9
32
3Representation of holders of Obligations Foncières ­

0Masse (Condition 10)
Name and address of the Representative:

MASSQUOTE S.A.S.U.
RCS 529 065 880 Nanterre
7bis, rue de Neuilly
F-92110 Clichy
France

Mailing address:
33, rue Anna Jacquin
92100 Boulogne Billancourt
France
Represented by its Chairman

The Representative will receive a remuneration
of 400 (VAT excluded) per year.


PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on the regulated markets of
Euronext Paris and of the Luxembourg Stock Exchange of the Obligations Foncières described herein pursuant to the
Euro 75,000,000,000 Euro Medium Term Note Programme of Caisse Française de Financement Local.


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5




RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer:
Duly represented by:
Herdile Guerin
2021.08.24
16:23:25 +02'00'
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PART B ­ OTHER INFORMATION

1
ADMISSION TO TRADING
(i) Listing:
Euronext Paris and the Luxembourg Stock Exchange
(ii) Admission to trading:
Application has been made by the Issuer (or on its behalf) for the Obligations
Foncières to be listed and admitted to trading on the regulated markets of
Euronext Paris and of the Luxembourg Stock Exchange with effect from the
Issue Date.
The Existing Obligations Foncières are already listed and admitted to trading
on the regulated markets of Euronext Paris and of the Luxembourg Stock
Exchange.
(iii) Regulated Markets or

equivalent markets on

which, to the knowledge
of the Issuer, securities

of the same class of the
Obligations Foncières to
be admitted to trading

are already admitted to

trading:
Not Applicable
(iv) Estimate
of
total
expenses related to 12,400
admission to trading:

(v) Additional publication of
Base Prospectus and
Final Terms
Website of the regulated market of the Luxembourg Stock Exchange
(www.bourse.lu)
2
RATINGS AND EURO EQUIVALENT
Ratings:
Applicable
The Obligations Foncières to be issued under the Programme are expected to
be rated:
S&P: AA+
Moody's: Aaa
DBRS: AAA
Each of S&P, Moody's and DBRS is established in the European Union and is
registered under Regulation (EU) No 1060/2009 (as amended) (the "CRA
Regulation"). Each of S&P, Moody's and DBRS is included in the list of credit
rating agencies published by the European Security and Markets Authority on
its
website
(https://www.esma.europa.eu/supervision/credit-rating-
agencies/risk).
Euro equivalent:
Not Applicable
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3
SPECIFIC CONTROLLER
The specific controller (contrôleur spécifique) of the Issuer has delivered a certificate relating to the borrowing
programme for the current quarter certifying that the value of the assets of the Issuer will be greater than the value
of its liabilities benefiting from the Privilège with respect to such quarterly borrowing
programme.NOTIFICATION
The Autorité des marchés financiers in France has provided the Commission de surveillance du secteur financier
in Luxembourg with a certificate of approval attesting that the Base Prospectus has been drawn up in accordance
with the Prospectus Regulation.
4
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in the section entitled "Subscription and Sale" of the Base Prospectus, so far as the Issuer is
aware, no person involved in the offer of the Obligations Foncières has an interest material to the offer.
5
USE OF PROCEEDS AND ESTIMATED NET PROCEEDS
(i) Use of proceeds:
The net proceeds will be used for the Issuer's general corporate purposes.
(ii) Estimated net proceeds:
149,861,630.14 (including 98,630.14 accrued interest for 192 days)
6
YIELD
Indication of yield:
0.136 per cent. per annum of the Aggregate Nominal Amount of the Tranche.
Calculated as per the ICMA method, which determines the effective interest
rate of the Obligations Foncières taking into account accrued interest on a daily
basis on the Issue Date.
As set out above, the yield is calculated at the Issue Date on the basis of the
Issue Price. It is not an indication of future yield.
7
DISTRIBUTION

(i)
Method of distribution:
Non-Syndicated


(ii) If syndicated:
Not Applicable

(A) Names of Managers:

(B) Stabilising Manager:
Not Applicable

(iii) If non-syndicated, name of Manager:
Barlcyas Bank Ireland PLC

(iv) US Selling Restrictions (Categories of

potential investors to which the Obligations

Foncières are offered):
Reg. S Compliance Category 1 applies to the Obligations
Foncières; TEFRA not applicable
8
OPERATIONAL INFORMATION
ISIN:
FR0014001ZD3
Common Code:
230015813
A43712881
8



Depositaries:

(i)
Euroclear France to act as Central
Depositary:
Yes
(ii)
Common Depositary for Euroclear
Bank SA/NV and Clearstream:
No
Any clearing system other than Euroclear and
Clearstream and the relevant identification
number:
Not Applicable
Delivery:
Delivery against payment
Name and address of the Calculation Agent:
Not Applicable
Name and address of initial Paying Agent:
Banque Internationale à Luxembourg, société anonyme
69, route d'Esch
L-2953 Luxembourg
Grand-Duchy of Luxembourg
Names and addresses of additional Paying
Agent:
Not Applicable

A43712881
9