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Stock impact report

VF Corporation Announces Pricing of $3 Billion of Senior Notes

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) announced today that it has priced its previously announced offering of senior notes. The offering consists of four tranches: $1 billion aggregate principal amount of unsecured senior notes due 2022 (the “2022 Notes”) priced at 99.982% of the aggregate principal amount with a coupon of 2.050%, $750 million aggregate principal amount of unsecured senior notes due 2025 (the “2025 Notes”) priced at 99.827% of the aggregate principal amount with a coupon of 2.400%, $500 million aggregate principal amount of unsecured senior notes due 2027 (the “2027 Notes”) priced at 99.836% of the aggregate principal amount with a coupon of 2.800% and $750 million aggregate principal amount of unsecured senior notes due 2030 (the “2030 Notes” and, together with the 2022 Notes, 2025 Notes and 2027 Notes, the “Notes”) priced at 99.785% of the aggregate principal amount with a coupon of 2.950%. The sale of the Notes was underwritten by Barclays, BofA S Show less Read more
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