Fried, Frank, Harris, Shriver & Jacobson LLP

09/14/2021 | Press release | Archived content

Under Armour Completes $169M Repurchase of Convertible Notes

Fried Frank acted as counsel to Under Armour, Inc., in its privately negotiated repurchase of US$169 million principal amount of its 1.50% convertible senior notes due 2024, in exchange for a combination of cash and shares of its Class C common stock. Under Armour, Inc., is a leading developer, marketer, and distributor of branded performance apparel, footwear, and accessories.

The Fried Frank team was led by corporate partners Daniel J. Bursky and Mark Hayek, and included corporate associate Charles Stern, and corporate law clerk Jeffrey Schneider.