Kontoor brands announces launch of senior notes offering

Greensboro, n.c.--(business wire)--kontoor brands, inc. today announced that it intends to offer $400.0 million aggregate principal amount of senior notes due 2029 (the “notes”). kontoor intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of its term loan b ($133.0 million aggregate principal amount outstanding, resulting in the repayment in full of borrowings under such facility), partial repayment of its term loan a ($265.0 million aggregate princi
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