DICK’S Sporting Goods $1.5 billion debut senior notes offering
Davis Polk advised the representatives of the several underwriters on a debut SEC-registered offering by DICK’S Sporting Goods, Inc. of $750 million aggregate principal amount of its 3.150% senior notes due 2032 and $750 million aggregate principal amount of its 4.100% senior notes due 2052.
DICK'S Sporting Goods is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. DICK’S Sporting Goods also owns and operates Golf Galaxy, Field & Stream and Public Lands specialty stores, as well as GameChanger, a youth sports mobile app for video streaming, scorekeeping, scheduling and communications.
The Davis Polk capital markets team included partner Derek Dostal and associate Stephen H. Karp. The tax team included partner Michael Farber and associate Dov Sussman. All members of the Davis Polk team are based in the New York office.