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      Instrument data
      Issuer
      CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE
      Senority
      Senior Unsecured
      Currency
      GBP
      ISIN
      FR0014015G56
      Coupon percent
      4.25%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      1,000,000,000
      Maturity date
      15/07/2031
      -
      AA- Outlook: Negative
      AA- Outlook: Negative
      Latest change
      New
      15/01/2026
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Gillet Lead analyst
      Jakob Suwalski Committee chair
      Scope affirms Caisse d’Amortissement de la Dette Sociale at AA- and revises the Outlook to Negative

      3/10/2025 Rating announcement EN

      Scope affirms Caisse d’Amortissement de la Dette Sociale at AA- and revises the Outlook to Negative

      CADES’ ratings are aligned with the French sovereign ratings, driving the Outlook change.

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      Scope affirme la notation AA- de la CADES et révise la perspective à Négative

      3/10/2025 Rating announcement FR

      Scope affirme la notation AA- de la CADES et révise la perspective à Négative

      Les notations de la CADES sont alignées sur celles de l'État français, ce qui explique le changement de perspective.

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