Chinese-owned Inter offer 300m bonds
Inter Milan on Monday officially announced the issuing of secured bonds worth 300 million euros
Milan - Arab Today
Italian Serie A giants Inter Milan on Monday officially announced the issuing of secured bonds worth 300 million euros ($353 million), maturing in 2022.
The former three-time European champions released a statement via its media administrator, Inter Media and Communication (IMC), confirming the bond offer.
IMC said that the proceeds will be used to repay the club's existing debts.
Zhang Jindong, whose Suning Group bankrolls Inter Milan, paid nearly 270 million euro ($318 million) for the northern Italian side in June 2016.
The 18-time Serie A champions took out a 230 million euro loan from Goldman Sachs in 2014 through former majority shareholder Erick Thohir, before he sold nearly 70 per cent of the club to Chinese conglomerate Suning Group.
IMC added that Goldman Sachs will be the global coordinator and bookrunner of the offer, with UBI Banca co-managing.
Inter were valued at 495 million euro ($537 million) by business magazine Forbes in June this year.
Source:AFP
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:59 2018 Merkel policies in focus in final debate on draft German budget
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soon
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 14:44 2017 Monday ,19 June
Boeing announces latest plane at Paris Air Show
GMT 08:10 2017 Saturday ,18 March
Audrey Azoulay Among Candidates for UNESCO Director-General
GMT 08:51 2017 Wednesday ,03 May
21 Iraqi journalists killed in one year
GMT 05:49 2017 Tuesday ,11 April
Bupa Arabia among Kingdom’s top 20 buzzed-about brands
GMT 09:50 2017 Friday ,29 December
President Jokowi receives high-ranking officers of police, military
GMT 10:04 2016 Wednesday ,28 September
Brexit and terror fears loom large for German consumers
GMT 07:56 2017 Thursday ,09 March
RiseDCH outdoor festival back at Dubai Creek Harbour this weekend
GMT 10:11 2017 Friday ,10 March
Humanitarian aid delivered to thousands of Palestinian refugees
GMT 19:37 2017 Monday ,18 September
Germany's Free Democrats may stall EU reform hopes
GMT 14:22 2017 Sunday ,12 February
Gangs of French youth clash with police in Paris suburb
GMT 17:40 2017 Thursday ,15 June
RAK Ruler orders early payment of salaries on occasion of Eid al-Fitr
GMT 14:43 2017 Sunday ,15 October
Somalia truck bomb death toll hits 137
GMT 02:16 2017 Wednesday ,22 March
New research institute at Gulf Medical University
GMT 10:35 2017 Wednesday ,21 June
Islamic militants occupy Philippine school, take hostages: military
GMT 18:54 2017 Tuesday ,26 September
MP appreciates Sisi’s efforts
GMT 14:31 2017 Thursday ,30 March
Malaysian Government will Issue Statement on Kim Jong-nam in Due Time
GMT 00:45 2018 Friday ,12 January
BDF Commander-in-Chief visits unit
GMT 08:31 2017 Sunday ,12 March
Tanzania's ruling party sacks 12 senior members for sabotage
GMT 17:56 2017 Wednesday ,13 December
Democrat Jones beats Moore in Alabama race
GMT 15:16 2017 Wednesday ,05 April
Kenya risks missing at sitting volleyball qualifiers due to lack of funds
GMT 12:38 2017 Monday ,02 October
Etoile Sahel edge Ahly in Tunisia thriller
GMT 11:01 2017 Saturday ,22 July
In rebel-held Ukraine, activists struggle to stem HIV spread
GMT 10:21 2017 Thursday ,09 March
Metro aims to break new ground in car-mad Qatar
GMT 12:48 2016 Saturday ,04 June
WHO to weigh Rio Olympics impact
GMT 00:09 2017 Friday ,17 February
Attends press conference of Sharm el-SheikhGMT 22:27 2011 Wednesday ,13 April
Type 2 diabetes \'cut\' after weight-loss surgery
GMT 10:48 2017 Thursday ,21 September
Japan PM says time for North Korea dialogue is over
GMT 06:25 2017 Friday ,06 October
Kazuo Ishiguro wins Nobel Prize for Literature
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor