VF Corp in a regulatory filing said that on Aug. 24 it closed its sale of $400 million aggregate principal amount of floating rate notes due 2013 and $500 million aggregate principal amount of 3.5 percent notes due 2021.

Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC, served as underwriters to the sales.

The net proceeds received by the Company, after deducting the underwriting discount and estimated offering expenses payable by the company, were approximately $892 million. The company intends to use the net proceeds from this offering together with cash on hand and short-term borrowings to finance the aggregate purchase price of its acquisition of The Timberland Company. The notes are the unsecured obligations of V.F. Corporation and rank equally with all of its other unsecured and unsubordinated indebtedness.