Hanesbrands (HBI) To Refinance a Portion of Debt
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Hanesbrands Inc. (NYSE: HBI) today announced that as part of its continued strategic capital management the company intends to refinance a portion of its existing debt to increase financial and operating flexibility.
Hanesbrands may elect to use the net proceeds from these financing transactions, which may include a registered debt offering, to repay all or a portion of its outstanding debt under its existing senior secured credit facility and its senior secured second-lien credit facility, as well as to pay fees and expenses related to these transactions.
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