Brief: Accor Launches Bond Issue With Nominal Value Of EUR 380 Mln
BRIEF-Accor Launches Bond Issue With Nominal Value Of EUR 380 Mln Sept 2 (Reuters) - Accor SA ACCP.PA:
LAUNCHES BOND ISSUE WITH OPTION TO CONVERT INTO NEW SHARES AND/OR EXCHANGE FOR EXISTING SHARES (OCEANES), MATURING IN 2032, WITH A NOMINAL VALUE OF EUR 380 MILLION
CONCURRENT OFFER TO PARTIALLY REPURCHASE ITS OUTSTANDING OCEANES MATURING IN 2027 VIA A REVERSE BOOK-BUILDING PROCESS
BONDS WILL HAVE A NOMINAL VALUE OF 100,000 EUROS EACH, WILL BEAR INTEREST AT A FIXED ANNUAL RATE OF BETWEEN 1.125 PER CENT AND 1.625 PER CENT
Source text: https://tinyurl.com/2dvp7n86
Further company coverage: ACCP.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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