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# Accor successfully increases by ?100 million its bond maturing in June 2017
- URL: https://hospitality.pro/accor-successfully-increases-by-e100-million-its-bond-maturing-in-june-2017/
- Published: 2012-09-21T20:00:57.000Z
- Updated: 2012-10-15T03:26:18.000Z
- Author: H L
- Tags: Hospitality Industry News, accor, News, #wordpress, #Import 2026-04-16 12:15

Accor issued today with success a new tranche of ?100 million of its original ?600 million issue maturing June 2017.

This new tranche has a 2.406% yield. This additional bond issue enables Accor to both lengthen the average maturity of its debt and optimize its average cost of funding.

Accor?s long-term senior debt is rated BBB- by Standard & Poor?s and Fitch Ratings.

Soci?t? G?n?rale Corporate & Investment Banking acted as Global Coordinator and bookrunner for this bond issue; Cr?dit Agricole CIB, HSBC, Natixis and UBS Investment Bank acted as joint lead managers and bookrunners.

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