HanesBrands Uses Stronger Credit Profile to Reduce Borrowing Costs of Revolving Loan Facility
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"Our banks have recognized our strengthened credit profile as a result of our operating performance and continued improvement of our balance sheet as we use free cash flow to deleverage and reduce debt," said Richard D. Moss, chief financial officer for Hanes. "We took advantage of our performance and improvement to reduce our borrowing costs."
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