Gildan Activewear Inc. has announced the pricing of a private offering of US$1.2 billion in senior unsecured notes, divided into two series. The first series consists of US$600 million at a 4.700% interest rate, due by October 7, 2030, while the second series also amounts to US$600 million but at a 5.400% interest rate, due by October 7, 2035. The proceeds from this offering will be used to fund the acquisition of Hanesbrands Inc., refinance Hanesbrands' existing debt, and cover related transaction fees and expenses. The offering is anticipated to close around October 7, 2025, subject to customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gildan Activewear Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9534183-en) on September 23, 2025, and is solely responsible for the information contained therein.