November 7 2019  |  Retailers

Dufry prices Senior Notes at €750 million

By Laura Shirk

In a snapshot of financial planning, Dufry Group intends to issue €750 million (US $830.4 million) of Senior Notes due 2027. Note: The annual interest rate will be 2% and interest will be payable semi-annually in arrears.

The leading global travel retailer recently announced that proceeds from the offering will be used to refinance the existing €700 million principal amount of outstanding Senior Notes due 2023 and reduce existing bank debt.

It is expected that the Senior Notes will be admitted to the Official List of The International Stock Exchange.

The Notes will be offered and sold only to non-US persons outside the US pursuant to the amended Securities Act of 1933. Stay tuned for more details to come.

Brand News

February 17 2020

Cuba gears up for Habanos Festival

​Havana is hosting the XXII Habanos Festival, the largest international event for Habanos cigar aficionados, from February…

By Mary Jane Pittilla

February 14 2020

Perfetti Van Melle returns to Orlando…

​Perfetti Van Melle returns to Orlando this year with new products for the Summit of the Americas travel retail exhibition…

By Hibah Noor

February 13 2020

Buckley London launches SS20 collections

​With an exotic campaign showcasing six new women’s collections, plus additions to the men’s and gifting ranges, Buckley…

By Hibah Noor

February 13 2020

Campo Viejo partners with Dufry…

Campo Viejo has unveiled a vibrant new Tempranillo expression, which is exclusive to Dufry stores within global travel retail

By Laura Shirk

February 13 2020

New gin by Tanqueray No. Ten ignites…

The makers of Tanqueray No. Ten announce its first-ever innovation: Tanqueray No. Ten Citrus…

By Jas Ryat

February 13 2020

Lacoste opens a new travel retail…

​Lacoste is pleased to announce the opening of a new “Le Club Concept” store at CEBU Airpoprt

By Jas Ryat

February 13 2020

Al Fakher kicks off 2020 with new…

Priding itself on a passion and dedication to all things shisha, Al Fakher is showing its commitment to the travel retail…

By Hibah Noor

February 7 2020

The Macallan highlights its ongoing…

​Bringing to life key moments of decision-making in the history of the brand, The Macallan has released a new film

By Jas Ryat

February 7 2020

Sparks of love inspire Swarovski’s…

​At this romantic time of the year, Swarovski celebrates love stories in all their forms and communicates the message: #InfiniteSpark

By Laura Shirk

Copyright 2020 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap