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March 8, 2021, 7:31 a.m. EST

Crocs to offer $300 million of 8-year bonds

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By Ciara Linnane

Crocs Inc. /zigman2/quotes/201458716/composite CROX +4.19% said Monday it has launched an offering of $300 million of 8-year bonds, with proceeds to be used to repay up to $180 million of a revolving credit facility and for general corporate purposes. Shares of the casual footwear maker were up 1.5% premarket and have gained 211% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.92% has gained 29%.

/zigman2/quotes/201458716/composite
US : U.S.: Nasdaq
$ 81.25
+3.27 +4.19%
Volume: 1.41M
April 22, 2021 4:00p
P/E Ratio
17.70
Dividend Yield
N/A
Market Cap
$5.10 billion
Rev. per Employee
$301,294
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/zigman2/quotes/210599714/realtime
US : S&P US
4,134.98
-38.44 -0.92%
Volume: 2.39B
April 22, 2021 5:32p
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