Related Issuers
by Stephen Carter
May 19, 2025 7:11 AM ET
Dufry One BV (Avolta) (DUFNSW) EUR500m Reg S only sr notes due 2032 (7y). NC3 (MWC) (50%,25%,par). (Expect Ba2)/BB+ (--/stable). Via BNP (B&D)/ING/Santander jt physical books/Banca Akros/LBBW/UBS jt glocos/Bank of China/BBVA/CIC/Commerz/CA/BS/HSBC/IMI/Mediobanca/MUFG/RBI/UniCredit jt books, DZ Bank, Raiffeisen Schweiz as co-managers. List ISE. NY law. CoC at 101. Settles (T+3).
IPT: high 4s.
Roadshow 05/19 (small group meetings) (investor call at 10:30am UKT 05/19). UOP: redeem its CHF300m (approx EUR320m) 3.625% sr notes due 04/15/26 (callable at 100), and partially pay down revolver. Biz: leading global travel retailer and travel food and beverage provider with worldwide operations. HQ: Basel, Switzerland.
Netroadshow direct link: https://www.netroadshow.com/nrs/home/#!/?show=2f19e212 (entry code: Avolta2025).