Foncière des Murs issues a €255-million secured bond
PR Newswire/Les Echos/
Paris, 19 November 2012
Foncière des Murs issues a EUR255-million secured bond
Foncière des Murs, a subsidiary of Foncière des Régions, issued, for the first time, a EUR255- million secured bond. This bond is secured by hotel assets rented by Accor.
This bond matures in 7 years and offers a set coupon of 3.682%.
This issue, listed on Euronext Paris and arranged by HSBC France, allows Foncière des Murs to pursue its strategy of diversifying its financing sources and extending the maturity of its debt.
This new financing takes the total amount of Foncière des Murs debt refinanced since the beginning of 2012 to EUR520 million.
Cécile Boyer Sébastien Bonneton Tel: +33 (0)1 58 97 54 47 Tel: 33 (0)1 58 97 52 44
About Foncière des Murs
Foncière des Murs, a subsidiary of Foncière des Régions, specialises in the ownership of business premises, especially in the hotel, healthcare, and retail sectors. As a listed real estate investment company (SIIC), Foncière des Régions is a real estate partner for major players in the business properties sector. Foncière des Murs owns net assets amounting to EUR2.9 billion. www.foncieredesmurs.fr
About Foncière des Régions As a major player in the service sector real estate for Offices & Key Accounts, Foncière des Régions owns and manages a EUR9 billion portfolio that is primarily leased to key accounts who are leaders in their business sectors, including SUEZ Environnement, Thales, Dassault Systèmes, France Telecom, EDF, and Accor, etc. As companies' real estate strategy partner, Foncière des Régions works with clients to design innovative and sustainable real estate solutions. www.foncieredesregions.fr
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