Amer Sports Corporation, which owns the Salomon, Wilson, Atomic, Arc'teryx, Precor, Suunto and Mavic brands, raised €150 million ($197 mm) by issuing two euro denominated bonds.
The issuances included €50 million in floating rate notes due March 6, 2014 and €100 million fixed 4.125% notes due March 15, 2016.
The bonds were oversubscribed. The bonds were allocated to over 50 investors. Amer Sports will apply for listing of the bonds on the NASDAQ OMX Helsinki Ltd.
The proceeds of the bonds will be used for repayment of debt and general corporate purposes.
