We advised the initial purchasers on the high-yield notes offering

Davis Polk advised the representative of the several initial purchasers in connection with a Rule 144A / Regulation S offering by Crocs, Inc. of $350 million aggregate principal amount of its 4.125% senior notes due 2031.

Crocs is a leading casual footwear brand, combining comfort and style with a value consumers want. Recognized globally for the iconic clog silhouette, Crocs has taken its successful formula of simple design aesthetic paired with modern comfort and expanded into a variety of casual footwear products and accessories.

The Davis Polk capital markets team included partner Michael Kaplan, counsel Jennifer Ying Lan and associate Kamil Turkmani. Partner Pritesh P. Shah and associate S. Dream Montgomery provided intellectual property advice. Counsel Alon Gurfinkel provided tax advice. Members of the Davis Polk team are based in the New York and London offices.