HanesBrands Upsizes and Prices Offering of Senior Notes

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Apr 30, 2020
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HanesBrands Inc. (NYSE: HBI) today announced that it set the pricing of its unregistered offering of $700 million aggregate principal amount of 5.375% senior unsecured notes maturing 2025, unless earlier redeemed, representing an increase of $200 million in aggregate principal amount from the initially proposed offering size. The notes will be senior unsecured obligations of HanesBrands and will be guaranteed on a senior unsecured basis by certain of HanesBrands’ domestic subsidiaries that guarantee its credit facilities or certain other indebtedness. This offering is expected to close on May 4, 2020, subject to customary closing conditions.