---
schema_version: "secwatch.filing_event.v1"
accession: "0000320187-22-000010"
form_type: "8-K"
ticker: "NKE"
cik: "0000320187"
company_name: "NIKE, Inc."
filed_at: "2022-03-14T23:59:59+00:00"
generated_at: "2026-06-26T23:23:56.208965+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# NIKE enters new $1B 364-day and $2B five-year unsecured revolving credit facilities

## Summary
- 364-day facility: up to $1B, matures March 10, 2023, with option to extend 364 days or convert to term loan.
- Five-year facility: up to $2B, matures March 11, 2027, with two possible one-year extensions to 2029.
- Both facilities can be increased by up to $0.5B (364-day) and $1B (5-year) with lender consent; no financial covenants.
- Interest options: Term SOFR plus 0.10% plus margin (0.3575%-0.690%) or base rate; multi-currency borrowings allowed.
- Prior $1B 364-day and $2B five-year facilities terminated concurrently; no amounts outstanding under either.

## SEC filing metadata
- accession: 0000320187-22-000010
- form_type: 8-K
- ticker: NKE
- cik: 0000320187
- company_name: NIKE, Inc.
- filed_at: 2022-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320187/000032018722000010/0000320187-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320187/000032018722000010/nke-20220311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320187-22-000010
- JSON: https://secwatch.observer/filing/0000320187-22-000010.json
- Plain text: https://secwatch.observer/filing/0000320187-22-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.