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miércoles, 27 de febrero de 2019

Accor further optimizes its debt structure


Accor today announces the establishment of a €500m Negotiable European Commercial
Paper (NEU CP) program.
With this program, Accor diversifies its source of funding while optimizing its cost of
debt. The Group will be able to issue NEU CP with maturities between 1 day to 1 year
and up to an outstanding total of €500m.
Proceeds of the program will be dedicated to short term General Corporate Purposes.
Crédit Agricole CIB acted as Arranger of the program. BNP Paribas, Crédit Agricole CIB,
CIC, ING Bank & Société Générale will act as Dealers.

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