Inter To Refinance Bond To €400M In Shareholders’ Meeting, Italian Media Report

Inter To Refinance Bond To €400M In Shareholders’ Meeting, Italian Media Report
October 11, 2021 12:45
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Inter are ready to refinance their bond to €400 million in order to ensure that they can reach the end of the season without having any liquidity issues.

This according to today’s print edition of Rome-based newspaper Corriere dello Sport, who report that the club will approve this in their shareholders’ meeting later in the month, and that they will also approve reporting the losses for the year at €245.6 million.

The shareholders’ meeting is set to be held on October 28, and among the key issues will be dealing with the ongoing financial problems at the club.

The €245.6 million losses, a record loss for the club, are set to be in the club’s financial statements for the year once they are approved in the shareholders’ meeting.

Meanwhile, the two currently existing bonds of €300 million and €75 million will be closed within a few weeks, and a new one will be issued for €400 million which will allow the club to stabilize themselves financially.

By Toni Weeler

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