Hanesbrands To Offer $750 Million in Senior Notes

Hanesbrands Inc., Winston-Salem, N.C., announced it's plans to offer, subject to market and other conditions, $750 million worth of senior notes due 2020.

Hanesbrands intends to use the net proceeds from the notes offering to repay a portion of the borrowings outstanding under its existing senior secured credit facility, as well as to pay fees and expenses related to these transactions.