Hanesbrands to repay revolver borrowings with funds from new notes

By Marisa Wong

Los Angeles, April 30 – Hanesbrands Inc. plans to repay outstanding borrowings under its revolving loan facility using proceeds from an offering of new notes, according to a press release.

The company announced plans on Thursday to offer $500 million of senior notes due 2025.

Hanesbrands is a Winston Salem, N.C.-based clothing company.

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