Adidas refinances crisis deal with €1.5bn loan as bankers push similar route

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Adidas refinances crisis deal with €1.5bn loan as bankers push similar route

Mike Turner
November 12, 2020 05:15 PM
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LONDON, UK - JULY 31th 2018: Adidas sportswear store shop front on Oxford Street in central London. | ink drop - stock.adobe.com

Adidas, the German sportswear company, has signed a €1.5bn loan to replace an emergency facility from KfW signed during the worst of the coronavirus pandemic. It has raised €3bn of debt since taking the crisis loan.

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