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Published on 10/30/2013 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

HanesBrands to redeem remaining $250 million 8% notes due 2016

By Toni Weeks

San Luis Obispo, Calif., Oct. 30 - HanesBrands said that it intends to retire the remaining $250 million of its 8% senior notes due 2016 during the fourth quarter.

The company redeemed $250 million of the original $500 million issue of notes on Dec. 27, 2012, leaving $250 million of the notes outstanding.

The marketer of everyday basic apparel is based in Winston-Salem, N.C.


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