Nike enters $1B 364-day unsecured credit facility; terminates prior $1B facility

NIKE, Inc.

New 364-day unsecured revolving credit facility with up to $1B in borrowings; can be increased to $1.5B.
Facility matures March 5, 2027; available for working capital, general corporate purposes, and CP backstop.
Borrowings available in USD, CAD, EUR, GBP, JPY, and other agreed freely convertible currencies.
Interest at Term SOFR plus 0.595% or Base Rate; no financial covenants; no amounts outstanding under prior facility.
Prior 364-day credit agreement dated March 7, 2025 terminated concurrently; no outstanding balance.

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