jueves, 5 de julio de 2018

AccorHotels signs new €1.2bn banking credit facility First Hospitality Group to couple RCF margin with sustainability

AccorHotels today announced that it has signed an agreement with a consortium
of 15 banks for a new €1.2bn Revolving Credit Facility, which margin will be
notably dependent on the Group’s performance in terms of Environment, Social
and Governance (ESG).
The new facility has a five-year tenor with two one-year extension options to be
exercised in 2019 and 2020. It replaces the undrawn €1.8bn facility signed in
June 2014, that had been reduced to €1.2bn following the completion of the
AccorInvest disposal.
This facility will reinforce AccorHotels liquidity and increase the average
maturity of its financial resources.
AccorHotels’ current sustainability performance has been assessed by
Sustainalytics, one of the leading providers of ESG research and ratings to
investors globally. The resulting score will be used as the benchmark against
which performance improvements will be assessed.
This facility falls within the scope of AccorHotels’ Planet 21 – Acting here!
program launched in 2016 which aims to see achieve the best possible ethical,
social and environmental performance based on six strategic priorities: work
with its employees, involve its customers, offer guests healthy and sustainablefood, innovate with its partners, favor carbon neutral buildings and work with
local communities.
Jean-Jacques Morin, Chief Financial Officer of AccorHotels, said: “I am pleased
that we AccorHotels are the first global Hospitality leader to link the interest
rate structure of our new RCF to our sustainability performance. Our Group is
fully committed to ESG issues, and we take pride in being a member of most
key sustainability indices”.
The RCF includes the following 15 banks: BNP Paribas as Coordinator,
documentation and sustainability Agent, Société Générale as Coordinator and
facility Agent, MUFG and Unicredit as coordinators as well as Banco Santander,
Bank of America Merill Lynch, Barclays, Citibank, Crédit Agricole CIB,
Commerzbank, CM-CIC, HSBC, ING, Natixis and NatWest as Mandated Lead

AccorHotels is a world-leading travel & lifestyle group and digital innovator offering unique experiences in 4,300 hotels, resorts
and residences, as well as in over 10,000 of the finest private homes around the globe. Benefiting from dual expertise as an
investor and operator, AccorHotels operates in 100 countries. Its portfolio comprises internationally acclaimed luxury brands
including Raffles, Orient Express, Sofitel Legend, Fairmont, SO Sofitel, Sofitel, onefinestay, MGallery by Sofitel, Pullman,
Swissôtel and 25hours Hotels; as well as the popular midscale brands Novotel, Mercure, Mama Shelter and Adagio; the much-
prized economy brands including JO&JOE, ibis, ibis Styles, ibis budget and the regional brands Grand Mercure, The Sebel and
hotelF1. AccorHotels provides innovative end-to-end services across the entire traveler experience, notably through the recent
acquisition of John Paul, world leader in concierge services.
With an unmatched collection of brands and rich history spanning close to five decades, AccorHotels, along with its global
team of more than 250,000 dedicated women and men, has a purposeful and heartfelt mission: to make every guest Feel
Welcome. Guests enjoy access to one of the world’s most rewarding hotel loyalty programs - Le Club AccorHotels.
AccorHotels is active in its local communities and committed to sustainable development and solidarity through PLANET 21, a
comprehensive program that brings together employees, guests and partners to drive sustainable growth.
Accor SA is publicly listed with shares trading on the Euronext Paris exchange (ISIN code: FR0000120404) and the OTC
marketplace (Code: ACRFY) in the United States.
For more information and reservations visit accorhotels.group or accorhotels.com.
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