ACCOR 
Press Release
Large success for the launch of a bond offering
EUR 500 million, 8 year maturity, annual coupon of 2.375%
AccorHotels today successfully set the terms of an 8 year bond issue for an amount of
EUR500 million with an annual coupon of 2.375%.
The order book totaled EUR3.3bn; i.e. close to 7 times the initial targeted amount. The transaction could therefore be completed within a short time, and at a very favorable price.
This operation reflects the high quality of the AccorHotels signature, and the investors' confidence. It will notably enable the Group to repurchase part of two bonds maturing in 2017 (coupon of 2.875%) and in 2019 (coupon of 2.50%), and to lengthen the average maturity of its debt while decreasing its average cost of funding.
AccorHotels' long-term senior debt is rated BBB- by Standard & Poor's and Fitch
Ratings.
BNP Paribas acted as Global Coordinator for this bond issue. Barclays, BNP Paribas, Commerzbank, Mitsubishi UFJ, Santander GBM and Société Générale CIB acted as joint lead managers and bookrunners.
ABOUT ACCORHOTELS
AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.
Over 180,000 women and men in almost 3,800 AccorHotels establishments look after thousands of guests every day in 92 countries.
AccorHotels is the world's leading hotel operator and offers its customers, partners and employees:
- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor
(HotelInvest);
- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel,
Pullman, MGallery, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter,
Adagio) economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;
- a powerful marketplace and loyalty program Le Club AccorHotels
- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.
Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC
marketplace (Code: ACRFY)
Follow news on Accor: Book a hotel:
www.twitter.com/accorhotelsgroup | www.accorhotels-group.com www.accorhotels.com
Media Relations | ||
Anne-France Malrieu | Carina Alfonso Martin | Marie-Camille Aubagnac |
Image 7 | Vice President Media Relations Worldwide | Media Relations |
Phone: +33 (0)1 53 70 74 66 | Phone: +33 (0)1 45 38 84 84 | Phone: +33 (0)1 45 38 19 16 |
afmalrieu@image7.fr | carina.alfonsomartin@accor.com | marie-camille.aubagnac@accor.com |
Senior Vice President, Investor Relations and Financial Communication
Phone: +33 (0)1 45 38 86 25 sebastien.valentin@accor.com
Marie NielInvestor Relations
Phone: +33 (0)1 45 38 86 94 marie.niel@accor.com
RevPAR excluding tax by segment and market - Q2 2015
2
Q2 2015
Luxury & Ups cale M ids cale Econom y | 66.2 +2.4 134 +0.3 89 +4.0 68.4 +1.3 89 -1.7 61 +0.2 67.9 +0.0 58 +0.6 39 +0.6 | 74.5 +0.4 153 +0.3 114 +0.9 75.9 +1.6 96 +0.6 73 +2.8 75.6 +0.6 60 +1.8 45 +2.6 | 67.4 +2.1 137 +0.4 92 +3.6 71.2 +1.4 92 -0.7 65 +1.3 71.4 +0.3 59 +1.2 42 +1.6 |
Total | 67.7 +1.0 85 -0.0 57 +1.5 | 75.5 +1.0 78 +1.2 59 +2.6 | 70.7 +1.0 82 +0.5 58 +2.0 |
3
RevPAR excluding tax by segment and market - H1 2015
M anage d & Fr anchis e d Hote lInve s t (Ow ne d & Le as e d) Total
ev
Luxur y & Ups cale M ids cale Econom y | 65.2 65.4 63.7 | +2.9 135 +0.7 88 +5.4 +1.4 89 -0.4 58 +1.8 +0.6 58 +1.2 37 +2.1 | 70.0 +2.6 148 +0.7 103 +4.6 68.7 +2.1 94 +0.3 64 +3.6 70.2 +1.0 58 +1.6 41 +3.2 | 65.9 +2.9 137 +0.9 90 66.6 +1.7 91 -0.1 60 66.7 +0.8 58 +1.4 39 |
Total | 64.6 | +1.4 86 +0.8 55 +3.0 | 69.5 +1.6 76 +1.3 53 +3.6 | 66.5 +1.5 82 +1.0 54 |
4
|
distributed by
|
