German Football Team Schalke Raising Debt With a Promotion Bonus
German football team FC Schalke 04 is raising €75 million ($86 million) from a private placement that includes an interest rate sweetener if the club is promoted to the country’s...
By Ronan Martin · Bloomberg Markets
German football team FC Schalke 04 is raising €75 million ($86 million) from a private placement that includes an interest rate sweetener if the club is promoted to the country’s top division.