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OAKTREE CAPITAL GROUP, LLC

(OAK)
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Soccer-Inter Milan CEO Says Owner Reportedly Looking for Partner to Boost Liquidity

05/03/2021 | 10:56am EST

F. C. Internazionale Milano S.p.A. (Inter Milan)’s owner is looking for a partner to inject fresh resources into the Italian Serie A soccer team, its Chief Executive Officer Giuseppe Marotta told local radio on May 3, 2021, a day after the club clinched its first Serie A title in 11 years. The remaining shares are owned by investment firm Lionrock Capital. “The owners are working for the good of Inter, the goal is to reach an agreement with a partner to get the liquidity that is needed right now,” Marotta told Rai Radio 1, adding Suning had invested €700 million ($845 million) in the team so far. Inter Milan is now looking for a financing deal of up to €250 million to meet immediate needs and recently has been holding discussions with Bain Capital Credit, LP and Oaktree Capital Group, LLC on the matter, two sources said. Bain Capital Credit declined to comment. Oaktree was not immediately available for a comment.


© S&P Capital IQ 2021
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Managers and Directors
Jay Steven Wintrob Chief Executive Officer & Director
Daniel Dane Levin Chief Financial Officer & Managing Director
Bruce Allen Karsh Co-Chairman & Chief Investment Officer
Howard Stanley Marks Co-Chairman
Michael Nadeau Chief Information Officer & Managing Director
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