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Avolta AG Prices EUR 500 Million in Senior Notes

Story Highlights
  • Avolta AG has priced EUR 500 million in senior notes with a 4.50% interest rate.
  • Proceeds will refinance existing notes and repay borrowings, enhancing financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avolta AG Prices EUR 500 Million in Senior Notes

Confident Investing Starts Here:

Dufry AG ( (CH:AVOL) ) has provided an announcement.

Avolta AG, a company operating in the financial sector, has announced the pricing of EUR 500 million in senior notes with a seven-year term and an annual interest rate of 4.50%. The proceeds from this offering will be used to refinance existing senior notes due in 2026 and to repay borrowings under its Revolving Credit Facility, potentially strengthening the company’s financial position and market operations.

The most recent analyst rating on (CH:AVOL) stock is a Buy with a CHF55.00 price target. To see the full list of analyst forecasts on Dufry AG stock, see the CH:AVOL Stock Forecast page.

More about Dufry AG

Average Trading Volume: 366,308

Current Market Cap: CHF6.46B

For a thorough assessment of AVOL stock, go to TipRanks’ Stock Analysis page.

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