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Accor announces 1.8 billion euro syndicated line of credit

Thursday, 12 Jun 2014 02:23pm EDT 

Accor SA:Announces 1.8 billion euro syndicated line of credit with group of 18 banks.New facility replaces the 1.5 billion euro undrawn syndicated credit facility signed in May 2011, which was scheduled to expire in May 2016.Credit Agricole Corporate and Investment Bank, BNP Paribas, The Bank of Tokyo-Mitsubishi UFJ LTD and Commerzbank AG acted as global coordinators for Accor.Societe Generale was appointed as facility agent. 

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