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Article Date: January 2020
Word Count: 223

Anta Sports Sets €1 Billion Debt Offering

Anllian Capital, the special purpose vehicle owned by Anta Sports that is the parent of the Mascot JVCo entity that acquired Amer Sports last year, is issuing €1 billion of zero coupon convertible bonds. Anta is the guarantor for the bonds, while Merrill Lynch, Citigroup and Morgan Stanley are the managers of the offering. The issue price will be 100.25% of the principal and the bonds have a five year term and are puttable after three years. The initial conversion price for the bonds is set at HK$105.28, and if the offered bonds are fully converted to Anllian shares, the ... Log in to view full article.


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