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Hotels firm Accor gets 560 mln euros credit line, sees signs of recovery

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PARIS (Reuters) - French hotel company Accor - one of many in the tourism sector to have been hit hard by the impact of the coronavirus - said on Monday it had secured a new 560 million euros (500.75 million pounds) banking credit facility.Europe's biggest hotels group, with brands such as Sofitel and Ibis, Accor said the new credit facility had been underwritten by BNP Paribas , Credit Agricole..
Date Published: May 18, 2020
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