Bond Accordé 0% ( FR0128427483 ) in EUR
Issuer | Accordé |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/08/2024 - 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 European fixed-income market recently observed the successful conclusion of a specific debt instrument, namely the bond identified by ISIN code FR0128427483. This obligation, issued by ACCOR, a global leader in the hospitality sector with an expansive portfolio of internationally recognized hotel brands, successfully reached its maturity. ACCOR, headquartered in France, is a significant player in the travel and leisure industry, leveraging various financial instruments, including bonds, to support its operational and strategic capital requirements and manage its balance sheet effectively. The bond, denominated in Euros (EUR) and originally issued in France, featured a stated interest rate of 0% and was slated to mature on August 29, 2024. At the time of its maturity, the instrument was valued at 100% of its nominal value, confirming its reimbursement at par. This successful repayment signifies ACCOR's fulfillment of its financial commitments associated with this particular debt issuance to bondholders, highlighting the orderly conclusion of its obligations. |