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Stock impact report

HanesBrands Announces Completion of 2026 Maturities Refinancing

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 the completion of the refinancing of its 2026 maturities. The Company successfully closed on an upsized new senior secured term loan B facility in an aggregate principal amount of $1.1 billion maturing in 2032 (the “Term Loan B”), a new $750 million senior secured revolving credit facility maturing in 2030, and a new $400.0 million senior secured term loan A facility maturing in 2030 (the “Term Loan A”). The net proceeds from the Term Loan B, together with the proceeds from the Term Loan A, are being used to redeem the Company’s outstanding 4.875% Senior Notes due 2026, to refinance the Company’s existing senior secured credit facilities, and to pay related fees and expenses.“We are pleased with the successful refinancing of our 2026 maturities, which provides us with increased flexibility to continue to pay down debt,” said Steve Bratspies, CEO. “With the completion of the refinancing and the benef Show less Read more
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