AI assistant
Accor — Capital/Financing Update 2012
Sep 21, 2012
1066_iss_2012-09-21_9a38408a-8a63-45a0-ba8b-8ad92cd77705.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Press Release Paris - September 21, 2012
Accor successfully increases by €100 million its bond maturing in June 2017
Accor issued today with success a new tranche of €100 million of its original €600 million issue maturing June 2017. This new tranche has a 2.406% yield.
This additional bond issue enables Accor to both lengthen the average maturity of its debt and optimize its average cost of funding.
Accor's long-term senior debt is rated BBB- by Standard & Poor's and Fitch Ratings.
Société Générale Corporate & Investment Banking acted as Global Coordinator and bookrunner for this bond issue; Crédit Agricole CIB, HSBC, Natixis and UBS Investment Bank acted as joint lead managers and bookrunners.
| JOFITEL PULLMON ARANDMERCURE NOVOTEL Judge NOVOTEL Wercure adagio ibis shuas allocononi ultips etap hotel 196 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -- | -- | -- | --------------------------------------------------------------------------------------------------------------- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Accor, the world's leading hotel operator and market leader in Europe, is present in 92 countries with more than 4,400 hotels and 530,000 rooms. Accor's broad portfolio of hotel brands - Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, Adagio, ibis, all seasons/ibis Styles, Etap Hotel/Formule 1/ibis budget, hotelF1 and Motel 6 provide an extensive offer from luxury to budget. With more than 180,000 employees* in Accor brand hotels worldwide, the Group offers to its clients and partners nearly 45 years of know-how and expertise.
*Including 145,000 in owned, leased and managed hotels
Agnès Caradec Senior Vice President Communications & External Relations Phone : +33 1 45 38 87 52
Elodie Woillez Phone: +33 1 45 38 87 08
MEDIA RELATIONS ININVESTOR RELATIONS CONTACTS
Sébastien Valentin Senior Vice President Financial Communications & Investor Relations Phone: +33 1 45 38 86 25
Olivia Hublot Investor Relations Phone:+33 1 45 38 87 06