Inter Milan set to early repay bond as plans new debt deal
Business
MILAN :Champions League finalist Inter Milan is set to early repay a 415 million euro ($479.57 million) high-yield bond this month as the Italian soccer club prepares to secure funds from a new debt deal, it said in statement on Friday. Inter Milan paid a 6.75 per cent coupon to place a five-year bond in 2022 to refinance Italy's top flight soccer club's debt. The debt facility was issued by the Serie A club's media company, which manages the broadcast and sponsorship business of Inter Milan.
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