TEXT-S&P:Accor rtgs,outlook unchngd on U.S. units sale
Posted on June 05, 2012 at 05:15 AM EDT
June 05 - Standard & Poor's Ratings Services said today that its ratings and outlook on France-based lodging group Accor S.A. (Accor; BBB-/Stable/A-3) are unaffected by the group's announced disposal of its U.S. chains Motel 6 and Studio 6. This is because we anticipate that after the transaction closes, Accor will maintain credit ratios in line with our guidance for the current ratings, namely funds from operations to debt of more than 25% and debt to EBITDA of less than 3.5x. In addition, we b
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