Carlyle’s Dainese Seeks to Renegotiate Its Debt as Losses Soar

Dainese SpA, a sports clothing brand owned by Carlyle Group, is looking to renegotiate its debt terms after losses steepened in 2024.

The Italian company, which produces high-end wear for motorcyclists and skiers, said it wants to open debt talks with creditors after it reported a €120 million ($136 million) loss last year, almost three times bigger than in 2023, according to its annual financial report published earlier this month.

It has €278 million of private bonds due in three years and a €52.5 million revolving credit facility with bank lenders, according to the report.

Dainese took an ...