PUMA SE Secures €608 Million in New Financing

PUMA SE, the sports company based in Herzogenaurach, has secured new financing totaling over €600 million. This includes a €500 million bridge loan and confirmed credit lines of €108 million. The financing aims to provide interim liquidity and enhance the company's financial flexibility as it works on its long-term funding strategy.

Santander Corporate & Investment Banking fully underwrote the bridge loan, with both facilities having maturities of up to two years. This development supports PUMA's goal of becoming a top 3 global sports brand. CFO Markus Neubrand emphasized the added financial flexibility and confidence shown by banking partners in PUMA's strategic direction.