Intra-group Financial Guarantees:Remuneration is the Cornerstone of Security

Financial guarantees granted to third-party lenders in the context of debt capital market transactions or bank financing, provided by a company within the same group as the borrower, must be remunerated by the borrower.
Often overlooked, determining the arm's length guarantee fee is nonetheless essential for the legal and tax certainty of these commitments.
Read the article, co-authored by Théophile Trancart and Teddy Ben, published in La Lettre du Trésorier (June 2026). This journal is edited by the French Association of Corporate Treasurers (AFTE).