Debt investors

At the end of 2015, Amer Sports’ net debt was EUR 460.3 million (419.1). In the 2010-2015 strategic glidepath, the Group’s financial balance sheet target was to have a year-end net debt / EBITDA ratio of 3 or less. At the end of 2015, the ratio was 1.7 excluding non-recurring items (2.0).

REFINANCING NEEDS WELL COVERED

  • Cash EUR 229.9 million and unused committed facilities EUR 150 million (June 30, 2016)
  • Commercial paper program in size of EUR 500 million; out of which EUR 49.9 million utilized
  • No scheduled repayments of long-term loans in 2016 or in 2017
  • Average interest rate of loan portfolio 2.1% (June 30, 2015: 2.8%)

INTEREST BEARING LIABILITIES

interest-bearing-liabilities-q4-2015

Outstanding public corporate bond issuances by Amer Sports Corporation

Issuer name Bloomberg ticker ISIN Coupon Announce Maturity Amount issued Curr
Amer Sports Oyj AMEAS SE0005498219  FLOAT  6.11.2013  6.11.2018 750 000 000  SEK

Credit rating

Amer Sports does not have an official credit rating.