Adidas intends to use the proceeds from a €500 million...

2009-07-13T00:00:00

Adidas intends to use the proceeds from a €500 million Eurobond issue just completed to further improve the structure of its existing debt instruments by partially refinancing short-term bank loans. The five-year bonds, which pay an annual coupon of 4.75 percent, were several times oversubscribed, allowing the company to price ...

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