NIKE $6.0 Billion Notes Offering
3/27/2020

Davis Polk advised the joint book-running managers and representatives of the underwriters in connection with a $6.0 billion SEC-registered notes offering by NIKE, Inc., consisting of $1.0 billion aggregate principal amount of its 2.400% notes due 2025, $1.0 billion aggregate principal amount of its 2.750% notes due 2027, $1.5 billion aggregate principal amount of its 2.850% notes due 2030, $1.0 billion aggregate principal amount of its 3.250% notes due 2040 and $1.5 billion aggregate principal amount of its 3.375% notes due 2050.

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 Donald K. Lang and Xiwen (Rose) Wang. The tax team included partner Rachel D. Kleinberg and associate Adam R. Brownstone. The intellectual property and technology transactions team included partner Frank J. Azzopardi and associate Jennifer Leather. Members of the Davis Polk team are based in the Northern California and New York offices.