NIKE intends to price an offering of fixed-rate notes in two tranches

By Devika Patel

Knoxville, Tenn., Oct. 18 – NIKE, Inc. will price a sale of fixed-rate notes in two tranches, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Merrill Lynch, Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are the bookrunners.

The Beaverton, Ore.-based sports footwear and apparel company will use proceeds for general corporate purposes.

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