Hanesbrands plans to price $500 million seven-year notes Nov. 30 week

By Paul A. Harris

St. Louis, Dec. 1 - Hanesbrands Inc. hosted and investor call on Tuesday and will host another on Wednesday for its $500 million offering of seven-year senior unsecured notes (expected B2/B), according to an informed source.

The deal is expected to price before the end of the week.

J.P. Morgan Securities Inc., Bank of America Merrill Lynch, HSBC Securities and Goldman Sachs & Co. are joint bookrunners for the notes, which have been registered with the Securities and Exchange Commission.

The notes come with four years of call protection.

Proceeds will be used to refinance bank debt.

The prospective issuer is a Winston Salem, N.C., marketer of everyday apparel essentials.

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