ItalianoBond Accordé 0% ( FR0128073527 ) in EUR
| Issuer | Accordé |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128073527 ( in EUR )
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| Interest rate | 0% |
| Maturity | 25/08/2023 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Accor is a French multinational hospitality company that operates a diverse portfolio of hotels, resorts, and other lodging facilities under various brands, encompassing economy to luxury segments. The financial markets recently concluded the lifecycle of a specific bond instrument, identified by the ISIN code FR0128073527, issued by Accor, the distinguished French multinational hospitality group. This particular debt obligation, which reached its maturity on August 25, 2023, has now been fully repaid to its holders. Accor, as the issuer, is a global leader in the hotel industry, managing and franchising a vast array of brands from luxury to economy across numerous countries, including renowned names such as Raffles, Fairmont, Sofitel, Novotel, Mercure, and Ibis. Issued in France and denominated in Euros (EUR), the bond featured a 0% interest rate, indicating it operated as a zero-coupon instrument where investor returns were predicated on the difference between the purchase price and its par value at redemption. While its payment frequency was specified as 1, which typically denotes annual interest disbursements, for a zero-coupon bond, this primarily referred to the single principal repayment at maturity. At the point of its expiry, the bond's market price was noted at 100%, confirming its repayment at par value and the successful conclusion of its term. |