Inter To Refinance Bond By The End Of January, Italian Media Report

Inter To Refinance Bond By The End Of January, Italian Media Report
January 7, 2022 15:00
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Inter are set to complete the refinancing of their bond by the end of the month.

This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who report that the club will consolidate their two current bonds into a single one worth around €400 million which matures in 2027.

The Nerazzurri have been dealing with significant debt issues over the past few years, but they now look to be moving in the direction of dealing with the debt at the club.

The plan for some time has been to refinance the bond until 2027, and the club have been working with US-based investment bank Goldman Sachs to do this.

With club President Steven Zhang set to return to Milan in the coming days, the club is ready to finalize the agreement to refinance their bond, and will be able to get it done by the end of January, as per their schedule.

By Toni Weeler

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