Inter Milan to Repay Bonds Tied to Sponsorship and Media Rights
FC Internazionale Milano SpA is set to give an early payback to holders of its high yield bonds backed by the football club's sponsorship and media rights.
Inter Media and Communication SpA — the unit issuing the around €400 million ($461 million) notes due in February 2027 — will redeem them at a price of 101.7 cents on the euro on June 26, according to a filing on Friday. It added in the filing that this was conditional on the conclusion of a debt financing deal prior to the redemption date.
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