Oaktree’s Involvement With Suning & Inter Is Continuing To Grow, Italian Media Report

Oaktree’s Involvement With Suning & Inter Is Continuing To Grow, Italian Media Report
January 28, 2022 16:30
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The involvement between Oaktree Capital Group and Inter is continuing to grow after the latest financial developments at the club, according to a report in the Italian media today.

As has been reported by Il Sole 24 Ore, it was yesterday announced that Inter has closed the transaction relating to a €415 million bond.

It is now reported that Oaktree Capital Group are one of the main underwriters of that bond who in recent months has already given Inter a loan of €275 million.

The Californian finance company has an important stake in the new bond. This shows that they are continuing to increase their level of financial involvement in the club.

That is significant because it has been hypothesised in the past that Oaktree Capital Group are actually going to eventually buy the club from Suning in the future.

Suning have themselves maintained that they have no intention to sell the club.

By Euan Burns

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