Dufry: refinancing transaction completed

(CercleFinance.com) - Dufry says that it has refinanced its main bank credit facilities, with a new 2.
08 billion euro revolving credit facility (RCF) replacing its 1.3 billion euro RCF and its 550 million dollar term loan facility that is currently in place.

The new facility improves Dufry's debt profile and provides additional flexibility: the Swiss group's weighted average maturity is therefore extended by 1.2 year to 4.2 years.

The duty-free group also highlights the attractive terms of the new facility in the current environment, with a marginal margin increase of 30 bp compared to the previous drawn debt.


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