Slaughter and May advised Dufry AG (“Dufry”), a leading global travel retailer, in relation to Dufry’s entry into a bridge facilities agreement in an aggregate principal amount of EUR 1.215bn (the “BFA”). The BFA will be used in connection with Dufry’s combination with Autogrill S.p.A, a global leader in the travel food and beverage business. The BFA consists of a EUR650m bridge term loan facility and a EUR565m bridge term loan facility, and provides for the issuance of cash confirmations in compliance with the requirements of CONSOB. Slaughter and May worked alongside Chiomenti LLP, who advised Dufry as to matters of Italian law.
Financing