Hanesbrands to redeem 3½% senior notes due 2024 on Feb. 21

By Mary-Katherine Stinson

Lexington, Ky., Feb. 10 – Hanesbrands Inc. issued a conditional notice of redemption to redeem all its outstanding €500 million 3½% senior notes due 2024 (ISIN: XS1419663247, XS1419661118), according to a notice.

The notes will be redeemed at par plus the applicable premium and accrued interest, if any, on Feb. 21.

U.S. Bank Trustees Ltd. is the trustee, Elavon Financial Services DAC, UK Branch is the paying agent and transfer agent and Elavon Financial Services DAC is the registrar.

The redemption is conditioned on the completion of one or more debt financings that provides enough net proceeds to fund the redemption.

Hanesbrands is a Winston-Salem, N.C.-based marketer of everyday basic apparel.

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