Amer Sports Announces Launch Of $750M Public Offering

Amer Sports, Inc. +2.98% Post

Amer Sports, Inc.

AS

36.30

36.30

+2.98%

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In connection with the proposed offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional $112.5 million of ordinary shares. Amer Sports intends to use the net proceeds it receives from the proposed offering, together with cash on hand, to redeem the outstanding principal amount of its 6.750% Senior Secured Notes due 2031.

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