Dufry One carries out 500-euro bond issuance

Dufry One B.V. has successfully issued 500 million euros of 4.50% senior notes due 2032, and which are guaranteed by Avolta AG and certain of its subsidiaries.

Dufry One is an entity that issues debt securities to repay existing credit facilities.

Banca Akros SpA, BNP Paribas, ING Bank N.V., Landesbank Baden-Württemberg, Banco Santander S.A. and UBS AG (London branch) acted as joint global coordinators and joint bookrunners of the issuance.

Bank of China Limited (London branch), Banco Bilbao Vizcaya Argentaria, S.A., BofA Securities Europe S.A., Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial S.A., Goldman Sachs Bank Europe SE, HSBC Continental Europe, Intesa Sanpaolo S.p.A., Mediobanca Banca di Credito Finanziario SpA, MUFG Securities (Europe) N.V., Raiffeisen Bank International AG and UniCredit Bank GmbH acted as joint bookrunners.

Raiffeisen Schweiz Genossenschaft and DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main acted as co-managers.

Law firm Homburger advised Avolta on the issuance, with a team comprising Andreas Müller (capital markets), Jürg Frick and Daniel Hulmann (both also capital markets) as well as Dieter Grünblatt (tax).