Strong fundamentals - solidity for bondholders
Dufry has a well-established presence in the senior notes market. This issuance of bonds has been an important source of financing for the company.
Listed Debt Instruments
|Total Amount||EUR 700 million||EUR 500 million|
|Number of series||1 serie||1 serie|
|Types||RegS / 144A||RegS / 144A|
|ISIN Code||XS1266592457/ XS1266592705||XS1087753353|
|Listing Location||Dublin, Ireland||Dublin, Ireland|
|Interest Rate||4.5% p.a., paid semi-annually (in arrears)||4.5% p.a., paid semi-annually (in arrears)|
Net Debt Evolution
In the first nine months Dufry has reduced its debt by CHF 390 million. Deleveraging remains a focus point in 2017.
Debt maturity profile
Dufry’s financing is comprised of a combination of bank loans and bonds. No debt maturities until 2019.
Debt by currency
Dufry has a well balanced debt structure, matching cash flows.
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