8-KItem 1.01 · Material AgreementItem 1.02 · Termination of AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
NIKE terminated its prior 364‑day credit agreement (dated Mar 7, 2025) on Mar 6, 2026, concurrently with…
Filed with the SEC on · Summarized by InvestorsBot
NIKE terminated its prior 364‑day credit agreement (dated Mar 7, 2025) on Mar 6, 2026, concurrently with entering a new 364‑day facility. Prior deal provided up to $1.0B unsecured revolver from banks/lenders. $NKE 🔁📄 #creditfacility #corporatefinance
Prior 364‑day facility details: up to $1.0B, unsecured revolving; covenants limited liens, M&A and dispositions; no financial covenants. No amounts outstanding as of Mar 6, 2026. $NKE 💵🔒 #liquidity #creditfacility
Investor note: Termination was contemporaneous with the new credit agreement (see Item 1.01). The prior facility would have expired Mar 6, 2026 and had zero outstanding balance at termination. $NKE ✅📌 #riskmanagement #NKE