Refinancing Now Complete, Hanesbrands Scores Moody’s Upgrade
The ratings agency upgraded HBI’s speculative grade liquidity rating to SGL-2 from SGL-3, after the company refinanced $1.4 billion of bonds due in 2024 with a $900 million term loan due in 2030 and $600 million in new notes due in 2031. Hanesbrands’ Ba3 corporate family rating and other ratings were unchanged, and Moody’s outlook for the Champion ... Log in to view full article.
