NIKE $1.5 billion notes issue

24/10/2016
Investment grade bond/note issue

$ 1.5 billion

Completed

24/10/2016


Overview:

  • Sports apparel producer NIKE has issued $1.5 billion in notes.
  • $1 billion of the notes will be due in 2026, while the remaining $500 million will be due in 2046.
  • The proceeds are expected to be used for general corporate purposes.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Consumer goods and services


Firms:

Party: NIKE (Issuer)