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Published on 7/29/2019 in the Prospect News High Yield Daily.

Italy’s A.S. Roma to sell €275 million five-year secured notes

By Paul A. Harris

Portland, Ore., July 29 – A.S. Roma SpA and its subsidiary, ASR Media and Sponsorship SpA, began meetings with fixed income investors on Monday for a €275 million offering of senior secured notes due 2024 (BB-), according to a market source.

The Rome-based professional soccer team plans to use the proceeds to repay the existing debt of ARS Media and Sponsorship and to provide the company with financial resources for is business.


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