An announcement from Gildan Activewear ( (TSE:GIL) ) is now available.
On March 13, 2025, Gildan Activewear Inc. announced the creation and issuance of a new series of Floating Rate Senior Unsecured Notes, Series 3, due in 2028. This strategic financial move, formalized through a third supplemental trust indenture with TSX Trust Company, is aimed at strengthening the company’s financial structure and enhancing its market position. The issuance of these notes is expected to provide Gildan with additional capital, potentially impacting its operations and offering new opportunities for stakeholders.
More about Gildan Activewear
Gildan Activewear Inc. is a Canadian company involved in the apparel industry, primarily focusing on the production and distribution of activewear. The company is known for its range of clothing products, including t-shirts, fleece, and socks, catering to various market segments globally.
YTD Price Performance: -1.86%
Average Trading Volume: 571,668
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.31B
Learn more about GIL stock on TipRanks’ Stock Analysis page.
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