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Published on 4/8/2024 in the Prospect News Bank Loan Daily.

Avolta to draw on revolver for refinancing of senior notes

By Sara Rosenberg

New York, April 8 – Avolta (Dufry One BV) plans to use borrowings under its revolving credit facility to help fund the refinancing of senior notes due 2024, according to a market source.

Other funds for the notes tender offer will come from a €500 million senior notes offering and cash on hand.

Avolta is a Switzerland-based travel retailer.


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