Amer Sports Launches $750M Public Offering
Amer Sports announced the launch of a public offering of $750M 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 and to pay related premiums, fees and expenses. BofA Securities and J.P. Morgan are acting as lead book-running managers for the proposed offering.