NYSE:ASLuxury
Assessing Amer Sports (AS) Valuation After $750 Million Equity Raise And Debt Redemption
Amer Sports (AS) has just completed a US$750.0 million follow on equity offering, using the proceeds to redeem US$720 million of senior secured notes due 2031 and reduce interest costs.
See our latest analysis for Amer Sports.
The follow on offering and debt redemption come after Amer Sports reported record 2025 results and issued upbeat 2026 guidance. However, the share price is US$34.69 with a 90 day share price return of a 12.11% decline and a year to date share price return of a 7.49%...