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0.00153452685422001 0.00153452685422001 0.00153452685422001 -0.00409207161125311 0.0138107416879795 0.0168797953964195 0.0168797953964195 0.0168797953964195
Stock impact report

HanesBrands Upsizes and Prices Offering of Senior Notes

Hanesbrands Inc. (HBI) 
Last hanesbrands inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hanesbrands.com
Company Research Source: Business Wire
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today announced that it set the pricing of its unregistered offering of $700 million aggregate principal amount of 5.375% senior unsecured notes maturing 2025, unless earlier redeemed, representing an increase of $200 million in aggregate principal amount from the initially proposed offering size. The notes will be senior unsecured obligations of HanesBrands and will be guaranteed on a senior unsecured basis by certain of HanesBrands’ domestic subsidiaries that guarantee its credit facilities or certain other indebtedness. This offering is expected to close on May 4, 2020, subject to customary closing conditions.HanesBrands currently intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving loan facility, to pay related fees and expenses and, the remainder, for general corporate purposes.The notes and the related guarantees will be offered to persons reasonably believ Show less Read more
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