ItalianoBond Accordé 0% ( FR0128074194 ) in EUR
| Issuer | Accordé |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128074194 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 08/09/2023 - 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. A significant financial operation was recently completed with the successful maturity and redemption of the bond bearing ISIN FR0128074194. This specific debt instrument, denominated in Euros (EUR) and issued in France, reached its scheduled maturity date on September 8, 2023. The issuer, ACCOR, a global leader in the hospitality sector with an extensive portfolio encompassing thousands of hotels, resorts, and residences across a wide array of internationally recognized brands, fulfilled its obligations by repaying the bondholders. This particular bond featured a zero-percent interest rate, indicating a principal-only repayment structure, and its market price at the time of redemption stood at 100% of its nominal value. The single payment frequency corresponds to the full principal reimbursement upon maturity, signaling a routine and successful conclusion to this particular financial obligation for the issuer. The timely repayment underscores ACCOR's sound financial management and commitment to its debt holders. |