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VF Corp. Secures $400M in Financing

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-02

NEW YORK (AP) -- Apparel manufacturer VF Corp. has secured a $400 million line of credit, according to a Securities and Exchange Commission filing Friday.

Borrowings under the credit agreement may be used for general corporate purposes, including the acquisition of denim maker Seven for All Mankind and lucy activewear.

Citigroup Global Markets Inc. and Banc of America Securities LLC are serving as joint lead arrangers and book managers. Bank of America NA is the syndication agent, and Citibank NA is serving as administrative agent.

VF shares fell 21 cents to $82.41 in afternoon trading.

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