Hanesbrands announces successful pricing of senior secured term loan b facility

Winston-salem, n.c--(business wire)--hanesbrands (nyse: hbi) today announced that it has successfully priced its senior secured term loan b facility in an aggregate principal amount of $1.1 billion (the “term loan b”) to replace the company's existing $300 million term loan b due 2030 (the “existing term loan b”). the term loan b will mature seven years after the date of closing, which is expected to occur in the next few weeks. the term loan b priced at sofr + 275 basis points with an oid of 9.
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