Via Outlets, owner of Scalo Milano, issues bonds worth 170 million francs

Major bond loan for Via Outlets, the Dutch company that, in January this year, acquired Scalo Milano Outlet & More.

The group issued, on the Swiss market, bonds worth 170 million francs, equivalent to 184 million euros.

The listing on the Zurich Stock Exchange

The securities are listed on the SIX Swiss Exchange in Zurich, the country's leading stock exchange, and received a BBB+ rating from Fitch Ratings.

They have a five-year maturity and pay a fixed annual coupon of 2,03 per cent.

The transaction, coordinated by Gruppo Bnp, is intended to diversify the company's financing and support further growth.

Via Outlets: 13 prime centres

Via is already one of the world's leading owners and operators in the outlet sector. It has 13 prime centres located not only in the Netherlands and Italy, but also in Portugal, Germany, Sweden, Norway, the Czech Republic, Spain and the island of Majorca, Poland and the Swiss Confederation. The cities covered include Lisbon, Gothenburg, Oslo, Frankfurt, Prague, Wrocław...

Together, covering 360.000 sq m of Gla, they accommodate more than 1.430 shops.

It is worth remembering that, almost at the same time as Scalo, the Dutch company also acquired The Outlets Store Alicante in San Vicente del Raspeig, a town belonging to the autonomous community of Valencia.

Visits up by almost 30 points

Johan Bergenthal, chief operating officer of Via Outlets, comments: “2026 was a very satisfactory year for us. We entered Italy and strengthened our Spanish portfolio, while also launching, in Switzerland from April, the expansion of Landquart Fashion Outlet (located in the Canton of Graubünden)”, a move that made access to the local credit market practically natural.

In the first half of 2026, sales for the Via Outlets brand increased by 19,7% year on year, while traffic surged by 28,8% thanks to the expanded portfolio.

The like-for-like takings of retailers rose by 3,4%, while gross rental income increased, on a like-for-like basis, by 7,3 per cent.

At the end of the half-year, the Amsterdam-based group had liquidity of 285 million euros in cash, as well as access to a revolving credit facility of 100 million euros, with the debt maturing in August 2028.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.