Filed pursuant to Rule 433
Registration No. 333-188072
Issuer Free Writing Prospectus dated April 23, 2013
Relating to Preliminary Prospectus Supplement dated April 23, 2013
NIKE, Inc.
Final Pricing Term Sheet
| Issuer: | NIKE, Inc. | |
| Format: | SEC Registered | |
| Trade Date: | April 23, 2013 | |
| Settlement Date (T+3): | April 26, 2013 | |
| Expected Ratings*: | A1 / A+, Moody’s / S&P | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Deutsche Bank Securities Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Co-Managers: | Barclays Capital Inc. Credit Agricole Securities (USA) Inc. RBC Capital Markets, LLC RBS Securities Inc. Wells Fargo Securities, LLC | |
2.250% Notes due 2023
| Securities: | Notes due 2023 | |
| Principal Amount: | $500,000,000 | |
| Maturity Date: | May 1, 2023 | |
| Coupon: | 2.250% | |
| Price to Public: | 99.830% | |
| Yield to Maturity: | 2.269% | |
| Spread to Benchmark Treasury: | T + 58 basis points | |
| Benchmark Treasury: | UST 2.000% due February 15, 2023 | |
| Benchmark Treasury Price and Yield: | 102-25+; 1.689% | |
| Interest Payment Dates: | May 1 and November 1, beginning November 1, 2013 | |
| Make-Whole Call: | T + 10 basis points prior to February 1, 2023 | |
| Par Call: | On or after February 1, 2023 | |
| CUSIP# / ISIN#: | 654106 AC7 / US654106AC78 | |
3.625% Notes due 2043
| Securities: | Notes due 2043 | |
| Principal Amount: | $500,000,000 | |
| Maturity Date: | May 1, 2043 | |
| Coupon: | 3.625% | |
| Price to Public: | 99.709% | |
| Yield to Maturity: | 3.641% | |
| Spread to Benchmark Treasury: | T + 75 basis points | |
| Benchmark Treasury: | UST 2.750% due November 15, 2042 | |
| Benchmark Treasury Price and Yield: | 97-06+; 2.891% | |
| Interest Payment Dates: | May 1 and November 1, beginning November 1, 2013 | |
| Make-Whole Call: | T + 15 basis points prior to November 1, 2042 | |
| Par Call: | On or after November 1, 2042 | |
| CUSIP# / ISIN#: | 654106 AD5 / US654106AD51 | |
* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and prospectus supplement if you request it by contacting Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.
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