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Warnaco repays $44 million in 8 7/8% senior notes
By Devika Patel
Knoxville, Tenn., May 12 - Warnaco Group, Inc. announced in a company press release that it used approximately $44 million in proceeds from the previously announced Lejaby sale to reduce the principal amount of its outstanding 8 7/8% senior notes due 2013.
Warnaco is a New York-based designer, manufacturer, marketer, licenser and distributor of intimate apparel, sportswear and swimwear.
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