
May 21 (Reuters) - AVOLTA AG AVOL.S:
PRICES EUR 500 MILLION OF SENIOR NOTES
SENIOR NOTES WILL HAVE A TERM OF SEVEN YEARS DUE IN 2032
ANNUAL INTEREST RATE WILL BE 4.50% AND INTEREST WILL BE PAYABLE SEMI-ANNUALLY IN ARREARS
PROCEEDS FROM OFFERING ARE EXPECTED TO BE USED TO REFINANCE AVOLTA'S OUTSTANDING SENIOR NOTES DUE 2026 AND TO REPAY BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY