Tue 11/02/2021 11:54 AM
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Relevant Document:
AccorInvest FY 2020

A seller is looking to offload about €100 million of AccorInvest’s debt at an auction on Monday, Nov. 8, sources told Reorg.

The loans on sale consist of about €33 million of the company’s term A facility, €58 million of the term B facility and €8 million of the revolving facility, sources added.

Bids are due Nov. 8, at 1 p.m. CET, according to sources. The loan trade will be documented under the LMA par documentation.

2021 Restructuring

On Feb. 23,...
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