Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

As previously disclosed, Hanesbrands Inc. (the "Company") and certain of its subsidiaries are party to a Fourth Amended and Restated Credit Agreement dated as of December 15, 2017 (the "Credit Agreement"). The Credit Agreement provides the Company with, among other things, a $1.0 billion committed revolving credit facility (the "Revolving Loan Facility"). A copy of the Credit Agreement, as amended, was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on December 15, 2017.

On March 25, 2020, the Company incurred indebtedness in the aggregate principal amount of $630 million under the Revolving Loan Facility. As a result of the incurrence described above and current outstanding borrowings under the Revolving Loan Facility, there is approximately $45 million unused borrowing capacity under the Revolving Loan Facility.

Item 7.01. Regulation FD Disclosure.

As a result of the disruption and uncertainty caused by the COVID-19 coronavirus outbreak, on March 25, 2020, the Company issued a press release announcing the draw down of the Revolving Loan Facility and withdrawal of its first-quarter and full-year fiscal 2020 financial guidance provided on February 7, 2020. The Company is not providing updated financial guidance at this time. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits

Exhibit
  No.                                          Description

    99.1         Press release dated March 25, 2020

   104         Cover Page Interactive Data File (embedded within the Inline XBRL document)

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