GFSI Holdings to redeem all $59.36 million PIK floaters due 2011

By Devika Patel

Knoxville, Tenn., Nov. 2 - GFSI Holdings Inc. said it will redeem all $59.359 million of its senior secured pay-in-kind floating rate notes due 2011. The notes will be redeemed at par plus interest to Dec. 1, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.

GFSI makes sportswear and activewear. It is based in Lenexa, Kan.

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