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PUBLIC OFFERING OF VF CORPORATION

 WYOMISSING, Pa., Jan. 21 /PRNewswire/ -- VF Corporation (NYSE: VFC), one of the world's largest apparel companies, announced today the public offering of 4 million shares of VF Corporation common stock at a price of $52.25 per share. The offering is lead managed by Goldman, Sachs & Co., and co-managed by J.P. Morgan Securities.
 Net proceeds to the company from the sale of its shares will be used to refinance short-term debt that the company incurred as interim financing for its acquisitions of Valero and Vivesa and for general corporate purposes.
 VF Corporation is an international apparel company headquartered in Wyomissing and is a leader in the jeanswear, activewear, intimate apparel and occupational apparel markets. Its principal brands are Lee, Wrangler, Rustler, Marithe & Francois Girbaud, Bassett-Walker, Jantzen, JanSport, Vanity Fair, Vassarette, Barbizon, Variance, Siltex, Bolero, Silhouette, Gemma, Intima Cherry, Lou, Carina, Red Kap, WorkWear and Healthtex. In 1991, VF ranked 152nd in Fortune's "500 Largest U.S. Industrial Corporations."
 -0- 1/21/93
 /CONTACT: Gerard G. Johnson, vice president and chief financial officer of VF Corporation, 215-378-1151/
 (VFC)


CO: VF Corporation ST: Pennsylvania IN: TEX SU: OFR

AH-TS -- NY095 -- 7671 01/21/93 17:32 EST
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Publication:PR Newswire
Date:Jan 21, 1993
Words:196
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