Amer Sports issues

Mavic, Salomon and Suunto brand owner, Amer Sports is issuing a €150 million (US$182 million) bond targeted at domestic and international investors.

This five-year bond carries an annual fixed rate coupon of 5.375%. The proceeds of the offering from Amer will be used for refinancing and general corporate purposes.

In its official stock exchange release, Finland’s Amer Sports added that Nordea Markets and Pohjola Bank acted as bookrunners for the transaction.

www.amersports.com