Hanesbrands Inc., the parent of Champion and Hanes, announced the pricing of its offering of $1 billion in aggregate principal amount of its 6.375% senior notes due Dec. 15, 2020, at par. Hanesbrands intends to use the net proceeds from the notes offering to repay a portion of the borrowings outstanding under its existing senior secured credit facility, as well as to pay fees and expenses related to these transactions.
The notes will be fully and unconditionally guaranteed on a senior
unsecured basis by substantially all of the company's existing domestic
subsidiaries and by certain of its future restricted subsidiaries.
The notes are being offered in the United States to qualified institutional
