Kontoor brands announces actions to strengthen financial position including drawing down on revolving credit facility

Kontoor brands announces actions to strengthen financial position including drawing down on revolving credit facility.kontoor brands inc - has drawn down $475.0 million from its revolving credit facility.kontoor brands inc - withdrawing its 2020 guidance provided on march 5, 2020, and is not providing an updated outlook at this time.kontoor brands inc - expects company's owned and operated retail locations closures to continue through at least tuesday, march 31, 2020.
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