The issue has been made thanks to agreements signed with Goldman Sachs and Rothschild.
Inter Milan issued this Monday a guaranteed debt bond maturing in 2027 and worth $470 million, with the intention of using the resources in an amortization of outstanding senior debt maturing this year.
Inter, owned by the Chinese consortium Suning, said in a statement that it will also use the money to repay a revolving line of credit and pay commissions and other expenses.
The issue has been made thanks to agreements signed with Goldman Sachs and Rothschild.
The Milanese club, leader of the Italian Serie A and current champion of the tournament, is going through a complicated period economically, exacerbated by the coronavirus pandemic.
Last May, Inter announced an agreement with the American fund Oaktree to receive a loan of $311 million, which would help the club survive in the following months.
The Milanese club, which was among the founding members of the Superliga with the desire to increase its income, spent nearly 150 million last year just to pay the salaries of its footballers.
The economic crisis forced the Milanese club to transfer two of its leaders in the last summer transfer market: the Belgian Romelu Lukaku, who ended up at Chelsea for $130 million, and the Moroccan Achraf Hakimi, sold to Paris Saint Germain for a a figure close to $79 million. (D)
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
