France to grant state-backed loan to AccorInvest, says minister
26 Jan 2021 / 15:44 H.
PARIS, Jan 26 (Reuters) - France will grant French hotel property group AccorInvest a 500 million euro state-guaranteed loan to cope with the impact of the coronavirus crisis, Finance Minister Bruno Le Maire said on Tuesday.
"We are indeed granting AccorInvest a state-backed loan of half a billion euros ... It is certain. We are finalising this loan today," Le Maire told Radio Clasique.
(Reporting by Dominique Vidalon, Bertrand Boucey; Editing by Andrew Heavens)
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