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Amer Sports signed a EUR 150 million syndicated revolving credit facility agreement
Amer Sports Corporation
STOCK EXCHANGE RELEASE
December 3, 2014 at 1:10 p.m.
Amer Sports signed a EUR 150 million syndicated revolving credit facility agreement
Amer Sports Corporation has signed a five-year EUR 150 million syndicated revolving credit facility agreement on December 2, 2014. The facility is meant for general corporate purposes including the refinancing of Amer Sports' syndicated loan of EUR 200 million from 2011 which has now been terminated.
"Amer Sports utilized the favorable market situation and negotiated the refinancing of the credit facility at attractive terms two years ahead of the former maturity date", says Jussi Siitonen, CFO, Amer Sports.
The coordinator for the transaction was Citi.
:
Esko Heinälehto, Group Treasurer, Amer Sports Corporation, tel. +358 20 712 2561
Nasdaq Helsinki
Main media
www.amersports.com
Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Precor, Suunto and Mavic. The company's technically advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group's business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).
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Source: %s via Globenewswire