Ralph Lauren Closes $500 Million Notes Offering

Paul, Weiss represented Ralph Lauren Corporation, a global leader in the design, marketing and distribution of luxury lifestyle products, in its offering of $500 million aggregate principal amount of senior unsecured 5.000% senior notes due 2032. The proceeds of the offering will be used for general corporate purposes. BofA Securities, Deutsche Bank Securities, J.P. Morgan and HSBC acted as joint bookrunning managers, and ING, SMBC Nikko and Goldman Sachs & Co. LLC acted as co-managers.

The Paul, Weiss team included corporate partner Raphael Russo and counsel David Sobel and tax counsel Samir Kurani.