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Stock impact report

Gildan Announces Private Offering of C$700 Million Senior Unsecured Notes

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: GlobeNewswire
MONTREAL, March 12, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has priced an offering of C$700 million aggregate principal amount of senior unsecured notes in three series (the “Notes”), consisting of C$150 million aggregate principal amount of floating rate senior unsecured notes, Series 3, due March 13, 2028 (the “2028 Floating Rate Notes”), C$200 million aggregate principal amount of 3.630% senior unsecured notes, Series 4, due March 13, 2028 (the “2028 Fixed Rate Notes”) and C$350 million aggregate principal amount of 4.149% senior unsecured notes, Series 5, due November 22, 2030 (the “2030 Fixed Rate Notes”). The 2028 Floating Rate Notes will be issued at par and bear interest at a rate equal to daily compounded CORRA plus 1.26% per annum, payable quarterly until maturity on March 13, June 13, September 13 and December 13 of each year, commencing on June 13, 2025. The 2028 Fixed Rate Notes will be iss Show less Read more
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