Inter Milan faces higher borrowing costs after a €415m return to the bond market following a bruising pandemic both for the Italian football club and its Chinese majority owner Suning.
The debt refinancing by the reigning Serie A champions comes at a critical time for European football teams, which are still finding their feet after losing billions of euros in revenue because of stadium capacity restrictions to limit the spread of the virus.
Although Inter’s bond was in demand it came with a coupon, or yield, of 6.75 per cent, up from the 4.875 per cent cost of the €300m of notes issued in 2017, when it made its debt market debut.
您已閱讀21%（636字），剩余79%（2414字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。