Aiffin Bonds are issued through a dedicated bankruptcy remote French Special Purpose Vehicle (SPV) created solely to raise and manage bond proceeds for investors.
This SPV operates under the Autorité des Marchés Financiers (AMF) framework and is legally separate from Aiffin sas, the operating company.
That means:
An Independent Security Agent — a licensed, regulated fiduciary entity — has been appointed to represent all bondholders collectively.
The Agent’s role is to hold, monitor, and enforce the pledged collateral.
The Agent’s powers:
All leased vehicles and LLD receivables are legally pledged through a notarized deed under French law.
This is the strongest form of asset security in Europe — enforceable immediately, without lengthy court procedures.
Key facts:
Layer
Function
Controlled By
Layer
Layer
Function
Function
Controlled By
Controlled By
Aiffin SPV
Isolates investor capital from operations
Independent Security Agent
Layer
Aiffin SPV
Function
Isolates investor capital from operations
Controlled By
Independent Security Agent
Notarized Pledge
Registers all vehicles & receivables as collateral
French notary
Layer
Notarized Pledge
Function
Registers all vehicles & receivables as collateral
Controlled By
French notary
Security Agent
Holds and enforces collateral
Independent fiduciary
Layer
Security Agent
Function
Holds and enforces collateral
Controlled By
Independent fiduciary
Insurance & GPS Monitoring
Physical protection & asset tracking
Insurers + Aiffin monitoring
Layer
Insurance & GPS Monitoring
Function
Physical protection & asset tracking
Controlled By
Insurers + Aiffin monitoring
Diversified Portfolio
Dozens of vehicles & contracts
Aiffin risk management team
Layer
Diversified Portfolio
Function
Dozens of vehicles & contracts
Controlled By
Aiffin risk management team
If Aiffin were ever unable to fulfill obligations:
The Security Agent activates enforcement
All pledged assets (vehicles & receivables) are seized and sold
Proceeds are distributed first to investors, covering principal and unpaid interest
Only after bondholders are fully settled can any remaining funds go elsewhere
Bonds issued by a registered French SPV under the AMF (Autorité des Marchés Financiers) framework
Pledges executed under Articles L.521-1 et seq. of the French Monetary and Financial Code
Security Agent operates under EU fiduciary standards, bound by reporting and audit obligations
All documentation (Information Memorandum, Summary DIS, Trustee Agreement) available upon request
Quarterly portfolio reporting and vehicle valuations
External auditor verification of SPV accounts
Trustee oversight and legal monitoring
Open-door policy for investor inquiries
Most “high-yield” products hide risk behind buzzwords.
We hid nothing — we built legal structure and oversight around your capital.
That’s why institutional investors, family offices, and private investors trust our team — not because of promises, but because of structure