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Hanesbrands plans $500 million offering of senior notes due 2025
Chicago, April 30 – Hanesbrands Inc. is planning to offer $500 million of senior notes due 2025 (Ba3/BB), according to a company press release.
The notes will be guaranteed on a senior unsecured basis by certain of Hanesbrands’ domestic subsidiaries.
Proceeds from the Rule 144A and Regulation S offering will be used to repay borrowings on the company’s revolving loan facility and for general corporate purposes.
Hanesbrands is a Winston Salem, N.C.-based marketer of everyday basic apparel.
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