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Article Date: February 2023
Word Count: 140

Hanesbrands’ New Debt Rated by Moody’s, S&P


The ratings agencies weighed in on HBI’s $600 million offering of 9% senior unsecured notes due in 2031, with Moody’s giving them a B1 rating and S&P Global rating them BB-, below investment grade. Both agencies downgraded the Champion parent earlier this month and gave it a negative outlook, citing elevated leverage and continued headwinds lasting well into 2023. Hanesbrands was ... Log in to view full article.

 


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