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COFACE SA announces the success of its debt management exercise

09/21/2022

COFACE SA successfully completed the repurchase of subordinated and guaranteed bonds issued in 2014 and will issue Eur 300 million new Tier 2 subordinated bonds.

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Germany Corporate Payment Survey 2022: Battered companies prepare for another crisis

09/13/2022

The impact on corporate payments in 2022 appears to be moderate and comparatively lower than the shock on the economy. However, companies are vigilant in the short-term and very pessimistic about the future.
Christiane von Berg, our economist for the Northern Europe region, details the payment terms and expectations of companies in Germany.

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Alina Popa appointed new Country Manager of Coface Romania

08/03/2022

Coface Romania has a new Country Manager as of August 1st. Alina Popa takes over the management of the company from Eugen Anicescu who held this position since 2016. The appointment from within the organization reconfirms the solidity of the local team and its potential to strengthen the Coface brand.

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Coface confirms its excellent start of the year with first-half net income of €144.4m

07/28/2022

Coface confirms its excellent start of the year with first-half net income of €144.4m. Annualised return on tangible equity at 15.4%. Turnover for the first half of the year: €895m, up 14.6% at constant FX and perimeter and up 16.5% on a reported basis.

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Coface uses blockchain to certify its press releases and financial communications

07/25/2022

Coface is now using Wiztrust, the information certification platform designed by Wiztopic, to secure its communications.

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