Hanesbrands expects notes offering to close on Dec 14
Dec '06
The floating-rate notes will bear interest at a per-annum rate, reset semiannually, equal to the six-month London Interbank Offered Rate plus a margin of 3.375 percent.
Hanesbrands expects the notes offering to close on December 14, 2006. Hanesbrands plans to use the net proceeds of the offering to repay outstanding borrowings under its bridge loan facility, which was approximately $500 million as of October 31, 2006.
Hanesbrands Inc
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