VF Corp. Ratings Not Affected By Upsized Revolver - S&P Global Ratings’ Credit Research

VF Corp. Ratings Not Affected By Upsized Revolver

VF Corp. Ratings Not Affected By Upsized Revolver - S&P Global Ratings’ Credit Research
VF Corp. Ratings Not Affected By Upsized Revolver
Published Apr 15, 2015
Published Apr 15, 2015
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About This Report

  
Abstract:

NEW YORK (Standard&Poor's) April 15, 2015--Standard&Poor's Ratings Services said today that its ratings on Greensboro, N.C.-based VF Corp. are not affected by the company's new $1.75 billion unsecured revolving credit facility that replaces the existing $1.25 billion unsecured revolver. The revolving facility is available to support commercial paper and seasonal working capital requirements. The upsized revolver expires five-years after closing. All of our ratings on the company, including the 'A' corporate credit rating, 'A-1' commercial paper rating, and 'A' unsecured debt rating remain unchanged. The outlook is stable. The ratings on VF Corp. reflect its strong credit metrics from consistent operating performance, solid market positions in the outdoor, action sports and jeanswear categories, its global operations,

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Apparel , Accessories & Luxury Goods (25203010)
Sector
Global Issuers
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "VF Corp. Ratings Not Affected By Upsized Revolver" Apr 15, 2015. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/VF-Corp-Ratings-Not-Affected-By-Upsized-Revolver-1394020>
  
APA:
S&P Global Ratings’ Credit Research. (). VF Corp. Ratings Not Affected By Upsized Revolver Apr 15, 2015. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/VF-Corp-Ratings-Not-Affected-By-Upsized-Revolver-1394020>
  
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