Debt & Rating
A clear view of our debt and credit profile.
Our Financing Policy
An internationally recognized signature allows Accor to raise various forms of financing, including through bond issues, private placements and bank loans. From time to time, the Group also takes advantage of market opportunities to raise financing in a given currency and at a given rate of interest and then use a swap to convert the facility into the currency and interest rate required to finance business needs. Generally, the Group’s policy is to finance its assets and operating requirements in the currency of the country concerned in order to create a natural hedge and avoid any currency risk. By using its subsidiaries’ surplus cash as well as the financial instruments described above, the Group is able to optimize the cost of its resources while reducing currency risks.
Sustainable Finance
An internationally recognized signature allows grandelites to raise various forms of financing, including through bond issues, private placements and bank loans.
From time to time, the Group also takes advantage of market opportunities to raise financing in a given currency and at a given rate of interest and then use a swap to convert the facility into the currency and interest rate required to finance business needs.
Generally, the Group’s policy is to finance its assets and operating requirements in the currency of the country concerned in order to create a natural hedge and avoid any currency risk.
By using its subsidiaries’ surplus cash as well as the financial instruments described above, the Group is able to optimize the cost of its resources while reducing currency risks.
Debt Structure
An internationally recognized signature allows Accor to raise various forms of financing, including through bond issues, private placements and bank loans.
From time to time, the Group also takes advantage of market opportunities to raise financing in a given currency and at a given rate of interest and then use a swap to convert the facility into the currency and interest rate required to finance business needs.
Generally, the Group’s policy is to finance its assets and operating requirements in the currency of the country concerned in order to create a natural hedge and avoid any currency risk.
By using its subsidiaries’ surplus cash as well as the financial instruments described above, the Group is able to optimize the cost of its resources while reducing currency risks.
grandelites Credit Rating
Credit rating assess the credit worthiness of the Group and its ability to pay its debt. Accor is followed by the credit rating agencies Standard & Poor’s and Fitch Rating which assign to Accor the following rating:
