{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-041127","form_type":"8-K","ticker":"VFC","cik":"0000103379","company_name":"V F CORP","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.593132+00:00","generated_at":"2026-06-19T08:34:24.157874+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"VF Corp amends credit agreements to relax leverage covenants and add up to $850M in addbacks","bullets":["Amended $2.25B revolver and $1.0B term loan to allow up to $850M aggregate addbacks for non-cash impairment charges and adverse legal rulings.","Leverage ratio maximum: 0.70:1 through Sep 2024, 0.65:1 through Sep 2025, 0.60:1 thereafter through maturity.","Amendments effective Feb 16, 2023; required lender consent obtained.","Changes apply solely to Consolidated Net Indebtedness to Consolidated Net Capitalization financial covenant."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-041127","json":"https://secwatch.observer/filing/0001193125-23-041127.json","markdown":"https://secwatch.observer/filing/0001193125-23-041127.md","text":"https://secwatch.observer/filing/0001193125-23-041127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/0001193125-23-041127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/d464382d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T08:34:24.157874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"69402a38fe64a6b6b24f19f3a960a076609aabdb","claim":"V F CORP amended revolving credit of $2.25 billion maturing November 2026.","evidence_excerpt":"On February 16, 2023 (the “Amendment Effective Date”), V.F. Corporation (the “Company” or “VF”) entered into an amendment (the “Revolver Amendment”) to its $2.25 billion senior unsecured revolving credit facility that expires November 2026.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/0001193125-23-041127-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2.25 billion"},{"label":"Maturity","value":"November 2026"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"d8723da46d7b73e77a4179707b9ccc2119a8eaa1","claim":"V F CORP amended term loan of $1.0 billion maturing December 2024.","evidence_excerpt":"On the Amendment Effective Date, the Company entered into an amendment to its $1.0 billion delayed draw Term Loan Agreement that expires December 2024 (the “DDTL Amendment”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/0001193125-23-041127-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1.0 billion"},{"label":"Maturity","value":"December 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"387b89ba8a594fc489e5566728016b1b600b478b","claim":"V F CORP amended Revolver Amendment (effective 2023-02-16).","evidence_excerpt":"V.F. Corporation (the “Company” or “VF”) entered into an amendment (the “Revolver Amendment”) to its $2.25 billion senior unsecured revolving credit facility that expires November 2026.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/0001193125-23-041127-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Effective","value":"2023-02-16"}],"fact_type":"material_agreement"},{"claim_id":"3c3f6edbb5defb388bddcdacdee472c6c1c79932","claim":"V F CORP amended DDTL Amendment (effective 2023-02-16).","evidence_excerpt":"the Company entered into an amendment to its $1.0 billion delayed draw Term Loan Agreement that expires December 2024 (the “DDTL Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/103379/000119312523041127/0001193125-23-041127-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Effective","value":"2023-02-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}