Media Release

 

Basel, October 09, 2017

Dufry plans to issue EUR 500 million Senior Notes

Dufry plans to issue EUR 500 million Senior Notes with a maturity of seven years. Proceeds from the offering are intended to be used, together with cash on hand, to redeem the existing EUR 500 million principal amount of outstanding Senior Notes due 2022.

Dufry Group, a leading global travel retailer, plans to issue EUR 500 million Senior Notes, the proceeds of which will be used, together with cash on hand, to redeem the existing EUR 500 million principal amount of outstanding Senior Notes due 2022. It is expected that the Notes will be admitted to the Official List of The International Stock Exchange.

 

The Notes will be offered and sold only to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). Exact terms and conditions are expected to be finalized in the coming days.

 

 Important Notices

 

This media release is for information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The securities discussed  in this media release will not be and have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. Dufry has no intention to register any portion of the offering of these securities under the Securities Act.

 

Information in this press release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Dufry AG as of the date of this press release, and we assume no duty to update any such forward-looking statements. Factors that could affect Dufry AG’s forward-looking statements include, among other things: the successful consummation of the notes offering, global GDP trends, competition in the markets in which Dufry AG operates, unfavorable changes in airline passenger traffic, unfavorable changes in taxation and restrictions on the duty-free sale in countries where Dufry AG operates.

 

For further information please contact:

 

Renzo Radice

Rafael Duarte

Corporate Communications &

Investor Relations

Global Investor Relations

Phone: +41 61 266 44 19

Phone: +41 61 266 45 77

renzo.radice@dufry.com

rafael.duarte@dufry.com

 

 

Sara Lizi

Karen Sharpes

Investor Relations Americas &

Communications Div. 4

Global Media &

Events

Phone: +55 21 2157 9901

Phone: +44 0 208 624 4326

sara.lizi@br.dufry.com

karen.sharpes@dufry.com

 

Contact Information