The Luxembourg domiciled issuance vehicle of Société Générale (SG Issuer) saw its outstanding assets decrease by 6.5% YoY as end-investors continued court proceedings in relation to a credit-linked note on a French corporate.

Société Générale issued 11,500 new notes (among which 87 secured notes) and 1,750 warrants during 2021 through its SG Issuer (SGIS) issuance programme. Total revenues were €45.9m, of which €45.2m was commission income. As of 31 December 2021, the outstanding amount for secured and unsecured notes issued by the company stood at €40.3 billion, a decrease of 6.5% from the previous year (end-December 2020: €43.1 billion). The executive board of the c

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