Sports company PUMA SE has secured more than €600 million in additional financing, reinforcing its liquidity position and strategic flexibility. The package includes a €500 million bridge loan fully underwritten by Santander Corporate & Investment Banking (Santander CIB) and €108 million in confirmed credit lines. Both facilities have a maturity of up to two years.
The new funding will provide interim liquidity to refinance utilizations of PUMA’s existing €1.2 billion Revolving Credit Facility, creating additional headroom as the company works to finalize its long-term funding structure.
Markus Neubrand, Chief Financial Officer of PUMA SE, commented: “Even though our existing Revolving Credit Line and promissory notes remain available, today’s announcement adds more financial flexibility. The increased exposure from our banking partners underscores confidence in our business model and strategic direction. This will allow us to execute on our priorities and ambition to establish PUMA as a Top 3 sports brand globally.”