Amer Sports Corporation
STOCK EXCHANGE RELEASE
November 24, 2011 at 4:30 pm
Amer Sports Corporation has signed a 5-year EUR 200 million syndicated revolving credit facility agreement on November 24, 2011. The facility will be used for general corporate purposes and for the refinancing of Amer Sports' existing syndicated loan.
"This arrangement further strengthens our liquidity which together with the strong balance sheet supports our growth plans in line with our strategic priorities," says Jussi Siitonen, CFO.
The credit facility was well received in the market and significantly oversubscribed. The mandated lead arrangers were Nordea Bank Finland Plc and Pohjola Bank plc.
For further information, please contact:
Esko Heinälehto, Group Treasurer, Amer Sports Corporation, tel. +358 9 7257 8258
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com
AMER SPORTS
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 OMX Helsinki stock exchange.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Amer Sports Oyj via Thomson Reuters ONE