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Gildan Activewear Prices $1.2 Billion Private Debt Offering

BY MT Newswires | CORPORATE | 09/24/25 04:33 AM EDT

04:33 AM EDT, 09/24/2025 (MT Newswires) -- Gildan Activewear (GIL) said late Tuesday it priced a private offering of $600 million of 4.7% senior unsecured notes due Oct. 7, 2030, and $600 million of 5.4% senior unsecured notes due Oct. 7, 2035.

The company expects the offering to close by Oct. 7 and plans to use the net proceeds to help fund its planned acquisition of Hanesbrands (HBI) , among other things.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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