VF $2.25 billion revolving credit facility
Davis Polk advised VF Corporation and VF International Sagl (collectively, “VF”) in connection with a new five-year $2.25 billion multicurrency unsecured revolving credit facility. The facility refinances VF’s existing revolving credit facility and may be used for general working capital needs and other corporate purposes.
VF outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including Vans, The North Face, Timberland, Wrangler and Lee. Founded in 1899, VF is one of the world’s largest apparel, footwear and accessories companies with socially and environmentally responsible operations spanning numerous geographies, product categories and distribution channels.
The Davis Polk finance team included partner Meyer C. Dworkin and associates Matthew J. Wiener and Sam Dilthey. All members of the Davis Polk team are based in the New York office.