Davis Polk advised V.F. Corporation, V.F. Investments S.a r.l. and VF Enterprises S.a r.l. in connection with a new five-year $1.25 billion multicurrency unsecured revolving credit facility. The facility refinances V.F. Corporation’s existing domestic and international revolving credit facilities and may be used for general corporate purposes, including acquisitions, repurchases of outstanding shares of V.F. Corporation’s common stock and other lawful corporate purposes.

V.F. Corporation is a global leader in branded lifestyle apparel with more than 30 brands, including Wrangler, The North Face, Lee, Vans, Nautica, 7 For All Mankind, Eagle Creek, Eastpak, Ella Moss, JanSport, lucy, John Varvatos, Kipling, Majestic, Napapijri, Red Kap, Reef, Riders, Splendid and Timberland. 

The Davis Polk credit team included partner Lawrence E. Wieman and associates Meyer C. Dworkin and Charles L. Nail. The tax team included partner Mary Conway and associate Michael Bretholz. Counsel Hayden S. Baker and associate Amy E. Turner provided environmental advice. Counsel Erin K. Cho provided employee benefits advice. Richard A. Harrison was the legal assistant on the transaction. Members of the Davis Polk team are based in the New York and Washington DC offices.