September 23, 2025 – Gildan Activewear Inc. has priced a private offering of US$1.2 billion in senior unsecured notes. The financing consists of US$600 million in 4.700% notes due 2030 and US$600 million in 5.400% notes due 2035.
Proceeds will be used to fund Gildan’s pending acquisition of Hanesbrands Inc., refinance existing Hanesbrands debt, and cover related transaction costs. The offering is expected to close on or about October 7, 2025, subject to customary conditions.