Gildan Activewear Launches C$700 Million Note Offering

Gildan Activewear (TSE:GIL) has released an update.

Gildan Activewear Inc. has announced a private offering of C$700 million in senior unsecured notes to be issued in two series, intended for repaying existing debts and other corporate uses. The notes, rated BBB with a stable trend, are being offered through a syndicate of major financial institutions and are expected to close soon. This move could interest investors looking at Gildan’s financial strategies and market offerings.

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