Amer Sports, Inc. has launched a public offering of $750 million in ordinary shares with proceeds to be used to pay down debt.
The parent of Arc’teryx, Salomon and Wilson plans to redeem the outstanding principal amount of its 6.750 percent senior secured notes due 2031 and to pay related premiums, fees and expenses.
Amer’s other brands include Atomic, Peak Performance, Armada, Louisville Slugger, DeMarini, and EvoShield.
BofA Securities and J.P. Morgan are acting as lead book-running managers for the proposed offering.
Amer Sports went public in February 2024 at $13 a share. Shares closed Monday, March 2, at $37.89, down 9 cents.
Image courtesy Arc’teryx / Amer Sports
