2014 Registration Document and Annual Financial Report - page 288

Financial Statemements
Parent Company Financial Statements and Notes
5
NOTE 15
OTHER EQUITY
In line with its strategy of increasing the maturity of its borrowings and ensuring the sustainability of its financial resources, in 2014 Accor
placed a €900 million issue of perpetual hybrid bonds.
These bonds have no maturity date, but are first callable as from June 30, 2020.
(inmillions of euros)
Currency
Original
issue
amount
Fixed/
variable
rate
Interest
rate
Outstanding
principal at
Dec. 31, 2013
Outstanding
principal
at Dec. 31,
2014
June 2014 issue of perpetual hybrid bonds
Euros
900
Fixed 4.125%
-
900
Issue premium on perpetual hybrid bonds
Euros
-
(6)
OTHER EQUITY
-
(894)
NOTE 16
OTHER BONDS
In line with its strategy of increasing the maturity of its borrowings and ensuring the sustainability of its financial resources, Accor carried
out three new issues of plain vanilla bonds in 2014.
(in millions of currency units)
Currency
Original issue
amount
(in currency
units)
Original
issue
amount
(in euros)
Fixed/
variable
rate
Interest
rate
Term
Outstanding
principal
at Dec. 31,
2013
Outstanding
principal
at Dec. 31,
2014
January 2009 bond issue
Euros
600
600 Fixed 7.500% 5 years
402
-
July 2009 bond issue
Euros
250
250 Fixed 6.039% 8 years
250
250
June 2012 bond issue
Euros
700
700 Fixed 2.875% 5 years
700
700
March 2013 bond issue
Euros
600
600 Fixed 2.500% 6 years
600
600
February 2014 bond issue
Euros
900
900 Fixed 2.625% 7 years
-
900
June 2014 bond issue
Swiss
francs
150
123 Fixed 1.750% 8 years
-
125
December 2014 bond issue
Euros
60
60 Fixed 1.679% 7 years and
2 months
-
60
Registration Document 2014
286
1...,278,279,280,281,282,283,284,285,286,287 289,290,291,292,293,294,295,296,297,298,...332
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