Senior secured notes are loans a company sells to investors that are backed by specific assets and given first priority for repayment if the company defaults. Because they have a claim on collateral and are paid before other debts, they usually offer lower risk and correspondingly lower interest than unsecured debt; investors use them to judge how safe repayment and recovery of principal might be, like holding a mortgage instead of an unsecured credit card balance.
redemption datefinancial
The redemption date is the specific day when a debt-like security (such as a bond, preferred share, or certificate) must be repaid by the issuer and the investor receives the principal plus any final interest or dividends. It matters to investors because it tells when cash will return, shapes the effective return and price of the security, and creates reinvestment and timing considerations—like knowing when a loan is due so you can plan what to do with the returned money.
redemption pricefinancial
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
aggregate principal amountfinancial
The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.
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NEW YORK--(BUSINESS WIRE)--
Amer Sports, Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced the redemption of $80 million aggregate principal amount of its 6.750% Senior Secured Notes due 2031 (the “Notes”). The redemption date for the Notes will be February 6, 2026 (the “Redemption Date”). The Notes will be redeemed at a redemption price equal to 103.000% of the principal amount of the Notes, plus accrued interest to, but excluding, the Redemption Date. The foregoing does not constitute a notice of redemption for the Notes.
EARNINGS DATE
The Company will report fourth quarter and fiscal year 2025 financial results before the market opens on Tuesday, February 24, 2026. The Company will webcast a call with management that day at 8:00 a.m. Eastern Time, which will be available via the Company website at www.amersports.com. A replay of the conference call will be available approximately three hours after the conclusion of the call on the Company’s website at www.amersports.com.
ABOUT AMER SPORTS
Amer Sports is a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, and Atomic. Our brands are known for their detailed craftsmanship, unwavering authenticity, and premium market positioning. As creators of exceptional apparel, footwear, and equipment, we pride ourselves on cutting-edge innovation, performance, and designs that allow elite athletes and everyday consumers to perform their best.
With over 13,400 employees globally, Amer Sports’ purpose is to elevate the world through sport. Our vision is to be the global leader in premium sports and outdoor brands. With corporate offices in Helsinki, Munich, Kraków, New York, and Shanghai, we have operations in 40 countries and our products are sold in 100+ countries. Amer Sports generated revenue of $5.2 billion in 2024. Amer Sports, Inc. shares are listed on the New York Stock Exchange. For more information, visit www.amersports.com.
