HanesBrands Calls for Redemption of $200 Million of Floating Rate Senior Notes Due Dec. 15, 2014, Consistent with Debt Reduction Plans
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HanesBrands has issued a notice of redemption pursuant to the indenture for the Floating Rate Notes stating that it intends to redeem $200 million of the floating rate notes on December 28, 2011 (the "redemption date") at a redemption price equal to 100 percent of the principal amount of the notes, including interest accrued on the notes to the redemption date. Following the redemption date, $290,735,000 aggregate principal amount of floating rate notes (exclusive of floating rate notes previously repurchased by Hanes but not retired) will remain outstanding.
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