We advised Amer Sports on the high-yield notes offering

Davis Polk advised Amer Sports, Inc. in connection with a Rule 144A / Regulation S offering of $800 million aggregate principal amount of 6.750% senior secured notes due 2031 issued by an indirect wholly owned subsidiary of Amer Sports. The obligations under the notes are guaranteed by Amer Sports and certain of Amer Sports’ subsidiaries. The proceeds from the offering of the notes, along with the proceeds from new senior secured credit facilities and cash on hand, are being used to repay existing debt.

Amer Sports is a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, and Atomic. Elevating the world through sport – from courts to slopes, from cities to mountains, and everywhere in between – Amer Sports aims to inspire people to explore and experience the joy of sports and outdoor activities, and lead better, healthier lives.

The Davis Polk capital markets team included partners Michael Kaplan and Roshni Banker Cariello and associates Meaghan Kennedy, Kanger Jin and Matthew L. Hulse. Partners Scott M. Herrig and Nick Benham and associate Esam Ibrahim provided finance advice. Partner Michael Mollerus and counsel Yixuan Long provided tax advice. Members of the Davis Polk team are based in the New York and London offices.

Copy link to share post