...February 18, 2020 NEW YORK (S&P Global Ratings) Feb. 18, 2020--S&P Global Ratings today assigned its 'A' issue-level rating to VF Corp.'s proposed senior unsecured euro-denominated notes issued in two tranches, one of which will be a green bond tranche. The notes will rank equally with the company's existing and future unsecured and senior indebtedness. The company plans to use a portion of the net proceeds from the offering to fund the purchase for its previously announced cash tender offer for its 6.0% notes due 2033 and 6.45% notes due in 2037, redeem all of its outstanding balances under its $500 million notes due 2021, and for general corporate purposes. In addition, the company plans to use the proceeds from the green bonds offering to finance projects related to its sustainable development goals. All of our ratings on VF Corp., including our 'A' long-term issuer credit rating, are unchanged. The outlook is stable. Our ratings reflect VF's position as one of the largest U.S. apparel...
