Golden Goose Starts Marketing Bond Sale Linked to PE Firm Buyout

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Golden Goose Group SpA has started marketing Bloomberg Terminala €880 million ($1.04 billion) bond sale to fund its acquisition by Chinese private equity firm HSG, a test of investor sentiment given struggles in the luxury sector and concerns around the Iran war. The Italian company, known for its star-themed luxury sneakers, is one of the few European high-yield issuers in the bond market at the moment. The slow deal flow comes as investors are worried about the impact of the war on energy-intensive and consumer-oriented businesses.