HanesBrands has completed the refinancing of the last remaining series of its 2024 notes. The company said it successfully closed on an upsized new senior secured Term Loan B facility with an aggregate principal amount of $900 million. The net proceeds from the Term Loan B facility, together with the proceeds from the $600 million bond offering completed on Feb. 14, 2023, were used to redeem all of the company’s outstanding 4.625 percent senior notes due 2024 and 3.5 percent senior notes due 2024 and to pay related fees and expenses.

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