The FINANCIAL -- The physical and mental wellbeing that sport brings, doesn’t need to stop during pregnancy.
MoreAdidas replaces KfW syndicated loan facility
The FINANCIAL — Following a series of successful financing activities, adidas has replaced the syndicated revolving loan facility under participation of KfW, Germany’s state-owned development bank. The company had received the approval of the German government for the participation of KfW in the € 3.0 billion syndicated loan earlier this year to bridge the unprecedented situation caused by the global coronavirus pandemic. adidas has paid back the € 500 million portion drawn in July already in October including interest and fees, which had been agreed at customary market conditions. Concurrently with replacing the KfW facility, adidas has secured a new
