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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COND
PRCD
DUFNSW
Dufry One BV€400
1EMEA
Jun 2, 2026
currency
EUR
size (m)
400.000
maturity
Jun 11, 2033
type
Fixed
tenor
7.000
call
3.00
registration
Reg S Only
benchmark
DBR
ranking
Sr. Unsecured
moody's
Ba2
s&p
BB+
fitch
-
size description
-
re-open/tap
No
ipt
5.00%-5.25%
ipt-pxd
-
guidance
4.875% area (+/- 12.5); Final 4.625%-4.75%
spread
180
coupon
4.625%
spread set
-
price
100.00000
yield
4.625%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
Tranche Comments
First Pay: 2026-12-11; Redemption: 2029-06-11; Registration: Reg S Only; Comments: DBR 2.6% due August 15, 2033. CoC: 101%;
Guarantor(s)
Avolta AG, Dufry International AG, Dufry Financial Services BV and Hudson Group (HG) Inc
Use of Proceeds
To refinance in part Senior Notes due 2027 via the concurrent Tender Offer and pay transaction fees and expenses