HanesBrands Initiates First Half of Planned $300 Million Reduction of Long-Term Debt in 2012
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
HanesBrands, based in Winston-Salem, N.C., announced today that it intends to redeem in July $150 million of its Floating Rate Senior Notes due 2014 as part of plans to pay off its approximately $300 million of floating-rate bond debt in 2012.
The redemption of the Floating Rate Notes is consistent with Hanes' plans to use free cash flow in 2012 and 2013 to significantly reduce long-term debt and leverage.
0 Comments
View Comments
- Companies:
- All American Awards
- Notes
- Outer Banks
Related Content
Comments