Bond Information
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
| Senior Notes | ||
|---|---|---|
| Issuance Date | 28/07/2015 | 17/07/2014 |
| 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 |
| Currency | EUR | EUR |
| Guarantee | Unsecured | Unsecured |
| Interest Rate | 4.5% p.a., paid semi-annually (in arrears) | 4.5% p.a., paid semi-annually (in arrears) |
| Maturity | 01/08/2023 | 15/07/2022 |
Net Debt Evolution
Dufry has reduced its debt by CHF 206 million in 2016. 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.
Ratings
| Agency | Rating | Outlook | Download Report |
|---|---|---|---|
| Fitch | BB- | Stable | Rating June 08 2017 |
| Moody's | Ba2 | Stable | Rating May 15 2017 |
| S&P | BB | Stable | Rating March 31 2017 |
Related Information
These sections might also be of interest to you:
