By Paul A. Harris
Portland, Ore., Sept. 3 - HTM Sport GmbH, a subsidiary of Amsterdam-based Head NV announced in a Tuesday press release that it has sold €45 million of 5¼% fixed-rate bonds.
The reoffer price was 101, the release stated. It added that the securities were sold in Switzerland.
Credit Suisse ran the books.
The sports equipment and apparel company plans to use the proceeds for general corporate purposes.
Issuer: | HTM Sport GmbH (Head NV)
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Amount: | €45 million
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Maturity: | Sept. 26, 2018
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Securities: | Fixed-rate bonds
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Bookrunner: | Credit Suisse
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Coupon: | 5¼%
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Price: | 101
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Settlement date: | Sept. 26
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