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Investor Presentaiton

Conditions of Eligibility 1 New criteria introduced by the Government decree of the 11th of May 2020 15 The Government decree N°2020-556 dated May 11, 2020 implementing the law N°2019-1461 of December 27, 2019 requests for any local authority to fulfill 2 criteria to become member of AFL. These criteria only apply to local authorities becoming members after 12 May 2020. Debt relief capacity of local authorities (outstanding debt / operating revenues) over the last 3 years (on average) must be lower than : D 12 years on average for municipalities, groupings and local public institutions. 10 years for departments. 9 years for regions. If local authorities cannot fulfill the first criteria, they must satisfy a minimum level of self-financing capacity (3 years avg of operating expenditures + debt capital repayment)/revenues <100%). GARE AEROPORT DIORD Public territorial entity of Grand Orly Seine Bièvre - Extension of Orly train station Copyright @Grand Orly Seine Bievre AFL Lo banque des collectivités
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