HanesBrands Calls for Redemption of $200 Million of Floating Rate Senior Notes Due Dec. 15, 2014, Consistent with Debt Reduction Plans
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Apparel supplier HanesBrands, Winston-Salem, N.C., announced Tuesday that it intends to redeem $200 million of its floating rate senior notes due December 15, 2014 (the "floating rate notes"), consistent with its intentions of using free cash flow to reduce its leverage and long-term debt over time.
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