Inter Almost Refinance Goldman Sachs Bond Giving Club Financial Stability, Italian Media Report
The executives at Inter are very close to refinancing the two bonds that were received from Goldman Sachs which expire in December 2022, according to a report in the Italian print media today.
As has been reported by La Gazzetta dello Sport, via FCInter1908, Inter will soon have refinanced the two €375 million bonds that were agreed upon with Goldman Sachs.
It is expected that the operation will be closed within the year and that a different singular bond of €400 million with a length of around five years will be agreed on with Rothschild & Co instead.
This will give the club a lot more financial stability because it means there will not be any liquidity issues in the near future.
Inter ended the 2020/21 season with a financial loss of €245.6 million which is the most ever lost by a Serie A club in a single season. They are aiming for that figure to be €100 million at the end of this season.