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AVOL Avolta AG News Story

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Brief: Avolta Prices EUR-Denominated Senior Notes In Aggregate Amount Of EUR 400 Million

BRIEF-Avolta Prices EUR-Denominated Senior Notes In Aggregate Amount Of EUR 400 Million

- AVOLTA AG AVOL.S:

  • SAID ON TUESDAY: PRICED EUR-DENOMINATED SENIOR NOTES IN AN AGGREGATE AMOUNT OF EUR 400 MILLION

  • THE SENIOR NOTES WILL HAVE A TERM OF SEVEN YEARS DUE IN 2033

  • THE ANNUAL INTEREST RATE WILL BE 4.625% AND INTEREST WILL BE PAYABLE SEMI-ANNUALLY IN ARREARS

  • PROCEEDS FROM THE OFFERING ARE EXPECTED TO BE USED TO REFINANCE A PORTION OF AVOLTA’S OUTSTANDING EUR 750 MILLION SENIOR NOTES DUE 2027


Further company coverage: AVOL.S


(Gdansk Newsroom)

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