Puma SE has successfully expanded its financial instruments. The sporting goods manufacturer secured new financing worth more than 600 million euros, strengthening its balance sheet and supporting its long-term growth goals.
The financing package includes a €500 million bridge loan, fully underwritten by Santander Corporate & Investment Banking (Santander CIB), as well as additional confirmed credit lines of €108 million. Both facilities have a term of up to two years and are strategically designed to provide interim liquidity. This will allow Puma to refinance drawdowns on its existing €1.2 billion revolving credit facility (RCF).
The capital injection significantly increases the company’s financial scope and flexibility. While Puma’s existing RCF and promissory notes remain fully available, the new credit facilities will serve as bridge financing while the company finalizes its long-term financing structure.
Management emphasized that the commitment of the bank partners represents a strong vote of trust. The increased willingness to take risks underlines the confidence in Puma’s operational development and its resilience in a competitive global market.
Markus Neubrand, Puma’s Chief Financial Officer (CFO), explained that this move is a key part of the company’s “Top 3” ambition: “Today’s announcement will provide greater financial flexibility as we work to finalize our long-term financing structure.”
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]