Elior Group issues €150 million in senior bonds

Elior Group, a major player in the contract catering sector, has announced the successful placement of €150 million of additional senior bonds maturing in 2030. These bonds will bear an annual interest rate of 5.625% and will be added to the existing bonds of the same maturity. The proceeds from this issuance will be used to repay bonds maturing in 2021 and due in 2026, to refinance loans, and to cover issuance costs. The transaction, scheduled for March 12, 2026, is subject to customary closing conditions, with Crédit Agricole acting as the sole placement agent.