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DENVER – VF Corp, which owns brands including Timberland and North Face, has closed its €500 million (US$530m) green bond offer to fund sustainability projects.

It is the second time the company has issued a green bond, following a similar €500 million offering three years ago.

VF Corp said the money raised would be used to advance its sustainability and responsibility strategy, and to drive progress towards its science-based targets (SBTs).

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