> Milano – May 23, 2024 – On May 22, 2024, F.C. Internazionale Milano S.p.A. (“Inter”) received a notice from its shareholder Grand Tower S.à r.l. (“GT”) – holding a 68.55% stake in the share capital of Inter – with which it has been informed, inter alia, (i) of the enforcement of the pledge on the shares of Great Horizon S.à r.l. (sole shareholder of Grand Sunshine S.à r.l. which, in turn, is the sole shareholder of GT) (“GH”)by GLAS Trust Corporation Limited (“Security Agent”), as agent, and OCM Luxembourg Sunshine S.à r.l. (“OCM” an entity related to funds managed by/entities affiliated with Oaktree Capital Management, L.P.(“Oaktree”)), as vehicle designated, appointed and authorised by the Security Agent; and (ii) of the circumstance that, as a result of the aforesaid enforcement, OCM acquired direct control of 100% of the share capital of GH and, therefore, indirect control of Inter. On the same date Inter was further informed that GH has also acquired control and ownership of LionRock Zuqiu Limited, a company that indirectly holds 31.05% of Inter’s shares through its subsidiary International SportsCapital S.p.A..
> As a result of the above, Oaktree has acquired overall indirect control of 99.6% of the share capital of Inter.
> No Change of Control Triggering Event is outstanding under the €415,000,000 Inter Media and Communication S.p.A. 6.750% Senior Secured Notes due 2027 (“Senior Notes”) and none of the events above have caused any Default or Event of Default under the Senior Notes. No forward looking statements are being made in this announcement and all statements are made only as of the date of the announcement.
![[OFFICIAL] Inter has communicated the change in ownership.](https://www.europesays.com/wp-content/uploads/2024/05/cvJ3upbybC8DW0YMaWR2jHN5C-AHF0N-UUE2uwXTwHk.jpg)
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> Milano – May 23, 2024 – On May 22, 2024, F.C. Internazionale Milano S.p.A. (“Inter”) received a notice from its shareholder Grand Tower S.à r.l. (“GT”) – holding a 68.55% stake in the share capital of Inter – with which it has been informed, inter alia, (i) of the enforcement of the pledge on the shares of Great Horizon S.à r.l. (sole shareholder of Grand Sunshine S.à r.l. which, in turn, is the sole shareholder of GT) (“GH”)by GLAS Trust Corporation Limited (“Security Agent”), as agent, and OCM Luxembourg Sunshine S.à r.l. (“OCM” an entity related to funds managed by/entities affiliated with Oaktree Capital Management, L.P.(“Oaktree”)), as vehicle designated, appointed and authorised by the Security Agent; and (ii) of the circumstance that, as a result of the aforesaid enforcement, OCM acquired direct control of 100% of the share capital of GH and, therefore, indirect control of Inter. On the same date Inter was further informed that GH has also acquired control and ownership of LionRock Zuqiu Limited, a company that indirectly holds 31.05% of Inter’s shares through its subsidiary International SportsCapital S.p.A..
> As a result of the above, Oaktree has acquired overall indirect control of 99.6% of the share capital of Inter.
> No Change of Control Triggering Event is outstanding under the €415,000,000 Inter Media and Communication S.p.A. 6.750% Senior Secured Notes due 2027 (“Senior Notes”) and none of the events above have caused any Default or Event of Default under the Senior Notes. No forward looking statements are being made in this announcement and all statements are made only as of the date of the announcement.