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Published on 4/16/2015 in the Prospect News Private Placement Daily.

New Issue: Amer Sports issues €40 million, $85 million Schuldschein loan agreements

By Lisa Kerner

Charlotte, N.C., April 16 – Amer Sports Corp. has issued Schuldschein loan agreements with total values of €40 million and $85 million.

The loans periods are five and seven years, and the loans have both fixed- and floating-rate tranches, according to a news release.

“With this Schuldschein arrangement, we continued to utilize the favorable market situation and extended our debt maturity structure,” said group treasurer Esko Heinalehto.

Landesbank Hessen-Thuringen and Mizuho Bank acted as book runners for the transactions.

Amer Sports is a Helsinki, Finland-based sporting goods company.

Issuer:Amer Sports Corp.
Issue:Schuldschein loan agreements
Amount:€40 million, $85 million
Maturity:Five and seven years
Coupon:Fixed- and floating-rate tranches
Bookrunners:Landesbank Hessen-Thuringen, Mizuho Bank
Distribution:Private placement

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