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Brief: Accor Launches Bond Issue With Nominal Value Of EUR 380 Mln

BRIEF-Accor Launches Bond Issue With Nominal Value Of EUR 380 Mln

- 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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