April 22, 2024 06:49 GMT
Dufry (now Avolta) (DUFNSW; Ba2, BB; S) {AVOL SW Equity} 2.5% 24's tender
CONSUMER CYCLICALS
- €407m was tendered, remaining ~€400m will be left to mature in October
- The new issued 31s have come in 10bps (priced with 20-25bp NIC). April 28's at Z+155/4% screen cheapest on curve
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