Paragraph 4: Provisions specific to specialised financing bodies

A société de financement spécialisé is a specialised finance company incorporated as a société anonyme or a société par actions simplifiée. The company shall indicate its status as a specialised finance company on all deeds and documents intended for third parties. Articles L. 214-177 to L. 214-179 apply to specialised finance companies. For the preparation of their annual accounts, specialised finance companies are not subject to articles L. 123-12 to…

The repurchase by the specialised finance company of its own shares or debt securities or the issue of new shares or debt securities may be temporarily suspended by the Board of Directors, the Management Board or the company’s senior managers, when exceptional circumstances so require and if the interests of investors or the public so dictate, in accordance with the conditions laid down in the company’s articles of association. In…