| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
Accor completes tender offer for bonds due 2023, 2024
Chicago, Nov. 24 – Accor SA announced the conclusion of a refinancing transaction, which included a tender offer by Credit Agricole CIB for two series of bonds, according to multiple notices.
The offer was to buy from the €500 million outstanding 3 5/8% bonds due Sept. 17, 2023 (ISIN: FR0012949949) and the €600 million outstanding 2¼% bonds due Jan. 25, 2024 (ISIN: FR0013233384).
The offer was capped and was linked to the sale of new sustainability-linked bonds.
Through the transaction, the company repurchased €205 million of the 2023 bonds and €243 million of the 2024 bonds.
Accord is a hospitality group with 5,200 properties and 10,000 food and beverage venues.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.