On May 21, 2025, VF Corporation entered into an amendment to its existing $2.25 billion senior unsecured revolving credit facility, which is set to expire in November 2026. This amendment adjusts the definition of "Consolidated Net Worth" and incorporates certain non-cash impairment charges and impacts from adverse legal rulings for determining compliance with financial covenants. Additionally, VF Corporation and certain subsidiaries are required to provide guarantees and grant liens on specific assets to secure obligations under the credit facility within 120 days. This amendment aims to bolster VF's financial flexibility while ensuring covenant compliance.
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