Homburger with Avolta on Dufry One’s notes issuance
Homburger advised Avolta on its role in Dufry One’s issuance of EUR 500 m guaranteed notes.
The operation
On May 23, 2025, Dufry One issued EUR 500 m 4.50% senior notes, due 2032. Avolta guaranteed the issuance in question, alongside certain of its subsidiaries.
Banca Akros SpA, BNP Paribas, ING Bank N.V., Landesbank Baden-Württemberg, Banco Santander S.A. and UBS AG London Branch served as joint global coordinators and joint bookrunners on the operation.
Bank of China Limited, London Branch, Banco Bilbao Vizcaya Argentaria, BofA Securities Europe, Commerzbank Aktiengesellschaft, Crédit Agricole, Crédit Industriel et Commercial, Goldman Sachs Bank Europe, HSBC Continental Europe, Intesa Sanpaolo, Mediobanca, MUFG Securities (Europe), Raiffeisen Bank International and UniCredit Bank acted as joint bookrunners, while Raiffeisen Schweiz Genossenschaft and Deutsche Zentral-Genossenschaftsbank served as co-managers.
The Homburger team
The Homburger team working on the operation featured Andreas Müller (capital markets, pictured), Jürg Frick and Daniel Hulmann (both capital markets) as well as Dieter Grünblatt (tax).
