- Amer Sports (NYSE:AS) has priced its upsized public offering by the issuance of 40.8M ordinary shares (from 34M) at $23/share.
- Underwriters’ overall allotment is an additional 6.12M ordinary shares.
- The company plans to use the net proceeds from its offering to repay a portion of our outstanding borrowings under our term loan facilities.
- The closing date is December 6.
- AS is down 1.37% premarket to $25.24 on Thursday.