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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 -0.06% 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 -0.87% has gained 29%.

/zigman2/quotes/201458716/composite
US : U.S.: Nasdaq
$ 104.17
-0.06 -0.06%
Volume: 1.42M
May 11, 2021 4:00p
P/E Ratio
17.65
Dividend Yield
N/A
Market Cap
$6.80 billion
Rev. per Employee
$301,294
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/zigman2/quotes/210599714/realtime
US : S&P US
4,152.10
-36.33 -0.87%
Volume: 2.44B
May 11, 2021 5:24p
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