Fitness financials: Champion parent to refinance portion of existing debt

Hanesbrands (NYSE: HBI), parent of Champion, said it will refinance a portion of its existing debt to increase its financial and operating flexibility.
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Champion parent to refinance portion of existing debt

Hanesbrands (NYSE: HBI), parent of Champion, said it will refinance a portion of its existing debt to increase its financial and operating flexibility.

The company added that it could use the proceeds to repay all or a portion of its outstanding debt, but did not specify the amount of debt it plans on refinancing.

--Compiled by Wendy Geister

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