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