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Gildan Activewear Prices $486 Million Senior Unsecured Notes in 3 Series
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Gildan Activewear Prices $486 Million Senior Unsecured Notes in 3 Series
Mar 12, 2025 4:43 AM

07:28 AM EDT, 03/12/2025 (MT Newswires) -- Gildan Activewear ( GIL ) said Wednesday that it priced a 700 million Canadian dollar ($486 million) senior unsecured notes offering across three series.

The offering includes CA$150 million of floating rate notes due March 13, 2028; CA$200 million of fixed rate notes due March 13, 2028; and CA$350 million of fixed rate notes due Nov. 22, 2030.

Gildan said the proceeds will be used for repaying outstanding debt under Gildan's credit facilities and for general corporate purposes.

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