NIKE $1.5 Billion Notes Offering
Davis Polk advised the representatives of the underwriters in connection with an SEC-registered notes offering by NIKE, Inc., consisting of $1 billion aggregate principal amount of its 2.375% notes due 2026 and $500 million aggregate principal amount of its 3.375% notes due 2046.
NIKE, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Jeffrey C. Lau and Ingrid L. Perez. The tax team included partner Rachel D. Kleinberg and associate Lena X. Qiu. The intellectual property and technology team included associates Michelle Ontiveros Gross and Jason J. Bang. Members of the Davis Polk team are based in the Northern California and New York offices.