|Deal Type||Debt Capital Markets|
|Client & Transactional Partners||Crocs, Inc.||Our Role||Co-Manager|
On August 16, 2021, Crocs Inc. ("Crocs") priced $350 Million of 4.125% Senior Notes (the "Notes") due 2031. Crocs intends to use the net proceeds from the Notes offering for stock repurchases, which may include accelerated share repurchases, and the remainder, if any, for general corporate purposes, which may include working capital, capital expenditures, repayment of debt and acquisitions. KeyBanc Capital Markets acted as a Co-Manager on the transaction.