Hanesbrands plans $500 million notes via JPMorgan, BofA, HSBC, Goldman

New York, Nov. 30 - Hanesbrands Inc. said it plans to sell $500 million of senior notes in an off-the-shelf sale via joint bookrunners J.P. Morgan Securities Inc., Banc of America Securities LLC, HSBC Securities (USA) Inc. and Goldman, Sachs & Co.

Barclays Capital Inc., RBC Capital Markets Corp. and BB&T Capital Markets will be co-managers.

Proceeds, along with $1.15 billion of new senior secured credit facilities, will be used to refinance all or part of the company's existing senior secured credit facility and repay all outstanding debt on its senior secured second-lien credit facility. Funds raised will also be used to pay fees and expenses.

Hanesbrands is a Winston-Salem, N.C., maker of clothing.

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