Nike Inc. registered $760 million in new debt with the Securities and Exchange Commission. Proceeds may be used for debt refinancing, working capital, capital expenditures, investments in units and other general corporate purposes.
The filing does not give a timeline for when the company will issue the debt. “These debt securities may consist of notes, debentures or other types of debt,” according to the filing.
Nike last sold bonds from October 2003 to February 2004, issuing $100 million of 5.15 percent notes due in 2015 in separate sales, according to data compiled by Bloomberg.
