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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2009
Hanesbrands Inc.
(Exact name of registrant as specified in its charter)
         
Maryland   001-32891   20-3552316
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification
No.)
     
1000 East Hanes Mill Road    
Winston-Salem, NC   27105
(Address of principal executive   (Zip Code)
offices)    
Registrant’s telephone number, including area code: (336) 519-8080
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

TABLE OF CONTENTS
     
Item 7.01.
  Regulation FD Disclosure
Item 9.01.
  Financial Statements and Exhibits

 


 

Item 7.01. Regulation FD Disclosure
     On November 17, 2009, Hanesbrands Inc. (“Hanesbrands”) issued a press release announcing that it intends to refinance a portion of its existing debt to increase its financial and operating flexibility. Hanesbrands may elect to use the net proceeds from these financing transactions, which may include a registered debt offering, to repay all or a portion of its outstanding debt under its existing senior secured credit facility and its senior secured second lien credit facility, as well as to pay fees and expenses related to these transactions.
     A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
     This Current Report on Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
     Statements in this Current Report on Form 8-K that are not statements of historical fact are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding the proposed offering of securities and the anticipated use of proceeds therefrom. These forward-looking statements are made only as of the date of this report and are based on Hanesbrands’ current intent, beliefs, plans and expectations. They involve risks and uncertainties that could cause actual future results, performance or developments to differ materially from those described in or implied by such forward-looking statements. These risks and uncertainties include the risks identified from time to time in Hanesbrands’ most recent Securities and Exchange Commission reports, including the 2008 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, registration statements, press releases and other communications. Hanesbrands undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, other than as required by law.
Item 9.01. Financial Statements and Exhibits
(c)   Exhibits
     
Exhibit 99.1
  Press release dated November 17, 2009

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
November 17, 2009  HANESBRANDS INC.
 
 
  By:   /s/ E. Lee Wyatt Jr.    
    E. Lee Wyatt Jr.   
    Executive Vice President, Chief
Financial Officer 
 

 


 

         
Exhibits
     
Exhibit 99.1
  Press release dated November 17, 2009

 

exv99w1
Exhibit 99.1
Hanesbrands Inc
1000 East Hanes Mill Road
Winston-Salem, NC 27105
(336) 519-4400
(HANESBRANDS INC LOGO)
FOR IMMEDIATE RELEASE
     
News Media, contact:
  Matt Hall, (336) 519-3386
Analysts and Investors, contact:
  Brian Lantz, (336) 519-7130
HANESBRANDS INC. ANNOUNCES THAT IT INTENDS TO REFINANCE A PORTION OF ITS EXISTING DEBT
WINSTON-SALEM, N.C. (Nov. 17, 2009) — Hanesbrands Inc. (NYSE: HBI) today announced that as part of its continued strategic capital management the company intends to refinance a portion of its existing debt to increase financial and operating flexibility.
Hanesbrands may elect to use the net proceeds from these financing transactions, which may include a registered debt offering, to repay all or a portion of its outstanding debt under its existing senior secured credit facility and its senior secured second-lien credit facility, as well as to pay fees and expenses related to these transactions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The company would announce the commencement of any registered debt offering in a separate press release.
Hanesbrands Inc. is a leading marketer of everyday apparel essentials under some of the world’s strongest apparel brands, including Hanes, Champion, Playtex, Bali, JMS/Just My Size, barely there and Wonderbra. The company sells T-shirts, bras, panties, men’s underwear, children’s underwear, socks, hosiery, casualwear and activewear produced in the company’s low-cost global supply chain. Hanesbrands has approximately 45,000 employees in more than 25 countries. More information about the company may be found on the Hanesbrands Internet Web site at http://www.hanesbrands.com.
Cautionary Statement Concerning Forward-Looking Statements
Statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding the proposed offering of securities and the anticipated use of proceeds therefrom. These forward-looking statements are made only as of the date of this report and are based on Hanesbrands’ current intent, beliefs, plans and expectations. They involve risks and uncertainties that could cause actual future results, performance or developments to differ materially from those described in or
(HBI LOGO)

 


 

Hanesbrands Inc. Announces that it Intends to Refinance a Portion of its Existing Debt — Page 2
implied by such forward-looking statements. These risks and uncertainties include the risks identified from time to time in Hanesbrands’ most recent Securities and Exchange Commission reports, including the 2008 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, registration statements, press releases and other communications. Hanesbrands undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, other than as required by law.
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(HBI LOGO)

 

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