secwatch.observer — SEC 8-K summary
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Issuer:     Hanesbrands Inc. (—)
CIK:        0001359841
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001193125-25-303276
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gildan closes acquisition of Hanesbrands; shareholders get 0.102 GIL shares + $0.80 cash
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- Each HBI share converted into 0.102 Gildan common shares and $0.80 cash without interest.
- Hanesbrands Common Stock delisted from NYSE; Form 15 to be filed to deregister under Section 12(g).
- All directors resigned and all officers ceased at closing; company now wholly owned subsidiary of Gildan.
- Repaid and terminated $750M revolver, $400M term loan A, and $1.1B term loan B under credit agreement.
- To redeem all $600M 9.000% Senior Notes due 2031 on Dec 11, 2025 at par plus accrued interest and premium.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1359841/000119312525303276/0001193125-25-303276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1359841/000119312525303276/d848051d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-303276

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