Latham & Watkins Advises on Refinancing for Under Armour, Inc.
Latham & Watkins has advised on a refinancing for Under Armour, Inc., a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories. In connection with the refinancing, Latham represented the administrative agent in a revolving credit facility extension commitment of US$1.1 billion and the initial purchasers in a US$400 million senior notes offering.
The Latham Banking team was led by partner Zulf Bokhari and counsel Steve Barr and Andrea Keller, with associate Hiba Sheikh,* while the Capital Markets team was led by partners Corey Wright and Peter Sluka and counsel Hana Nah, with associates Sofia Sitterson and Jessmine Lee, with assistance from Chanie Saltzman. Advice was also provided on tax matters by partner Bora Bozkurt, with associate Farrah Yan.
*Admitted to practice in New York only