Foot Locker Inc, founded in 1974 and headquartered in New York City, operates as a leading athletic footwear and apparel retailer aimed at empowering the sneaker culture. The company offers a diverse range of products, including athletic shoes, clothing, and accessories from prominent brands such as Nike, Adidas, and Puma.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FL 4.00% 2029-10-01 USDFoot Locker Inc | United States | 2029-10-01 | 4.000 | 6.46 |
| FL 4.00% 2029-10-01 USDFoot Locker Inc | United States | 2029-10-01 | 4.000 | 6.46 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Foot Locker has a history of bond issuances that began in the early 1990s, reflecting its growth and strategic financial planning. In 2021, the company issued $500 million of senior unsecured notes due in 2029, with yields competitive within the retail sector. These notes received notable attention for their use in refinancing existing debts, enhancing liquidity, and supporting growth initiatives. As of late 2023, Foot Locker’s bonds have generally yielded around 4.5%, aligning closely with industry benchmarks, which has reinforced investor confidence in the company amid market fluctuations.