SWX:AVOLSpecialty Retail
Will New Bond Sale Change Avolta (SWX:AVOL) Narrative
Avolta AG has issued €350 million of senior 5.25% notes due March 31, 2032, placed under Regulation S and aimed at non U.S. institutional investors, with admission to the Official List of The International Stock Exchange expected.
The group is also testing a blockchain based direct settlement payment model that bypasses traditional card networks, which could influence transaction costs, data ownership and the economics of Avolta’s airport retail operations over time.
We will now look at how...