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HanesBrands completed a senior secured term loan B facility of $1.1 billion to refinance existing debt and improve balance sheet flexibility.

Feb 21, 20255 months ago

Amount Raised

$1.1 Billion

Winston-Salem

Description

HanesBrands announced the pricing of a $1.1 billion senior secured term loan B facility to replace its existing debt. The proceeds will be used for refinancing and associated costs.

Company Information

Company

HanesBrands

Location

Winston-Salem, North Carolina, United States

About

HanesBrands (NYSE: HBI) makes everyday apparel that is known and loved by consumers around the world for comfort, quality and value. Among the company’s iconic brands are Hanes, the leading basic apparel brand in the United States; Champion, an innovator at the intersection of lifestyle and athletic apparel; and Bonds, which is setting new standards for design and sustainability. HBI employs 61,000 associates in 47 countries and has built a strong reputation for workplace quality and ethical business practices. The company, a longtime leader in sustainability, has set aggressive 2030 goals to improve the lives of people, protect the planet and produce sustainable products. HBI is building on its unmatched strengths to unlock its #FullPotential and deliver long-term growth that benefits all of its stakeholders.

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