| Pricing Supplement #5 dated September 25, 2003 (To Prospectus dated January 24, 2002 and Prospectus Supplement dated May 29, 2002 ) |
Rule 424(b) (3) File No. 333-71324 |
NIKE, Inc.
Medium-Term Notes — Fixed Rate
We are hereby offering to sell Notes having the terms specified below to you with the assistance of: x Merrill Lynch & Co. o Other: , acting as: o principal x agent, at: o varying prices related to prevailing market prices at the time of resale x a fixed initial public offering price of 100% of the Principal Amount.
| Principal Amount: $50,000,000 | Original Issue Date: September 30, 2003 | |
| Agent’s Discount or Commission: 0.625% | Stated Maturity Date: October 1, 2013 | |
| Nets Proceeds to Company: $49,687,500 | Interest Payment Date(s): April 1st and October 1st |
Interest Rate: 4.70% per annum
Redemption:
| x | The Notes may not be redeemed prior to the Stated Maturity Date. | |
| o | The Notes may be redeemed at the option of the Company prior to the Stated Maturity Date. | |
| Initial Redemption Date: | ||
| Initial Redemption Percentage: | ||
| Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the Principal Amount. | ||
| o | The Notes shall be redeemed by the Company prior to the Stated Maturity Date (see attached). |
Repayment:
| x | The Notes may not be repaid prior to the Stated Maturity Date. | |
| o | The Notes may be repaid prior to the Stated Maturity Date at the option of the holder of the Notes. Option Repayment Date(s): |
Currency:
| Specified Currency: United States dollars. (If other than U.S. dollars, see attached) | ||
| Minimum Denominations: (Applicable only if Specified Currency is other than U.S. dollars) | ||
| Exchange Rate Agent: (Applicable only if Specified Currency is other than U.S. dollars) |
If Discount Note, check o
Form: x Book-Entry o Certificated
Other Provisions: