Inter will refinance their bond at €425 million by the end of the month, with the club ready to complete the financing of their debt.
This according to today’s print edition of Italian business newspaper Il Sole 24 Ore, who report that the Nerazzurri are working to find investors to buy the bond and consolidate their debt.
The new bond will include all of the club’s debt maturing at the end of December 2022, including the €275 million loan from US fund Oaktree Capital last year, as well as the €50 million line of credit from Goldman Sachs and Ubi Banca (now called Intesta Sanpaolo).
The Nerazzurri are working with investment bank Goldman Sachs and banking consultant Rothschield to put the bond on the market and find investors to finance their debt.
The club are continuing to work on completing this refinancing of their bond with President Steven Zhang currently in Milan, and could get it wrapped up by the end of January, or sometime shortly after when the President departs the city.