Avolta Enhances Financial Position with Refinancing Achievement

Avolta AG has successfully completed a partial refinancing of its 2027 bond maturity. The company placed EUR 400 million in Senior Notes due 2033 and offered a cash tender for up to EUR 400 million to existing bondholders. Bondholders tendered 47.2%, amounting to EUR 354 million. The remaining 2027 Senior Notes will be addressed later in 2026 or kept until maturity.

Avolta maintains a balanced debt structure with a mix of fixed and floating rate debts at 64% and 36% respectively, with an average interest rate of 3.1%. Current liquidity provides flexibility for future financing. Yves Gerster, CFO, highlighted the refinancing achievement as a signal of investor confidence, with a spread of 185bps over the 7-Year Bund, the lowest in company history.