V.F. Corp. Euro Bonds Earn High Ratings
Moody’s and S&P issued ratings on VFC’s proposed senior unsecured Euro-dominated notes on Tuesday, with Moody’s assigning its A3 rating and S&P its A issue-level rating. The notes will be issued in two tranches, one being a green bond tranche. Net proceeds are to fund the purchase for the company’s previously announced cash tender offer for its 6% notes due 2033 and 6.45% notes due 2037; redeem all of ... Log in to view full article.