Inter Media and Communication S.p.A. announces €350m US private placement | OneFootball

Inter Media and Communication S.p.A., a subsidiary of F.C. Internazionale Milano S.p.A., and the Inter’s ownership, funds managed by Oaktree Capital Management, L.P. “Oaktree”, have agreed on long-term financing for the Club.

The financing, totalling €350million, is from the US private placement of senior secured notes maturing in 2030 supported by seasoned institutional investors. As part of the refinancing process, Inter Media and Communication S.p.A. and F.C. Internazionale Milano S.p.A. achieved an investment grade credit rating.

This news follows the notice of the early full redemption of Inter Media and Communication S.p.A.’s previous senior secure notes initially due in 2027. Compared to the previous bond, the lower amount and tighter cost of capital achieved for the private placement represent another step in Oaktree’s commitment to the long-term success and financial stability of the Club to support Inter’s prosperity both on and off the pitch.