secwatch / observer
8-K filed March 10, 2025, 7:59 PM ET CIK 0001359841
debt confidence high sentiment neutral materiality 0.60

Hanesbrands Inc.: debt financing — Hanesbrands completes $2.25B refinancing of 2026 maturities; extends debt maturities to 2030/2032

Hanesbrands Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hanesbrands Inc. incurred term loan of $400.0 million senior secured term loan A facility with JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions at SOFR plus an applicable margin initially 2.00% (SOFR-based) or base rate plus 1. maturing March 7, 2030.

Instrument
term loan
Principal
$400.0 million senior secured term loan A facility
Counterparty
JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions
Rate
SOFR plus an applicable margin initially 2.00% (SOFR-based) or base rate plus 1.
Maturity
March 7, 2030
Event
incurrence
Exact text from the filing
The Credit Agreement provides for a $750.0 million senior secured revolving credit facility maturing March 7, 2030 (the “Revolving Loan Facility”), a $400.0 million senior secured term loan A facility maturing March 7, 2030 (the “Term Loan A Facility”), and a $1.1 billion senior secured term loan B facility maturing March 7, 2032 (the “Term Loan B Facility” and, together with the Revolving Loan Facility and the Term Loan A Facility, the “Senior Secured Credit Facility”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hanesbrands Inc. incurred revolving credit of $750.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions at SOFR plus an applicable margin initially 2.00% (SOFR-based) or base rate plus 1. maturing March 7, 2030.

Instrument
revolving credit
Principal
$750.0 million senior secured revolving credit facility
Counterparty
JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions
Rate
SOFR plus an applicable margin initially 2.00% (SOFR-based) or base rate plus 1.
Maturity
March 7, 2030
Event
incurrence
Exact text from the filing
The Credit Agreement provides for a $750.0 million senior secured revolving credit facility maturing March 7, 2030 (the “Revolving Loan Facility”), a $400.0 million senior secured term loan A facility maturing March 7, 2030 (the “Term Loan A Facility”), and a $1.1 billion senior secured term loan B facility maturing March 7, 2032 (the “Term Loan B Facility” and, together with the Revolving Loan Facility and the Term Loan A Facility, the “Senior Secured Credit Facility”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hanesbrands Inc. incurred term loan of $1.1 billion senior secured term loan B facility with JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions at SOFR plus 2.75% maturing March 7, 2032.

Instrument
term loan
Principal
$1.1 billion senior secured term loan B facility
Counterparty
JPMorgan Chase Bank, N.A., as the administrative agent and the collateral agent, and a syndicate of various financial institutions
Rate
SOFR plus 2.75%
Maturity
March 7, 2032
Event
incurrence
Exact text from the filing
The Credit Agreement provides for a $750.0 million senior secured revolving credit facility maturing March 7, 2030 (the “Revolving Loan Facility”), a $400.0 million senior secured term loan A facility maturing March 7, 2030 (the “Term Loan A Facility”), and a $1.1 billion senior secured term loan B facility maturing March 7, 2032 (the “Term Loan B Facility” and, together with the Revolving Loan Facility and the Term Loan A Facility, the “Senior Secured Credit Facility”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-25-051109
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