June 22, 2011 at 13:18 PM EDT
(WRC) Warnaco Group Completes Debt Offering
Warnaco Group Inc. (WRC) recently announced the completion of a senior secured term loan offering of $200.0 million. The debt has been scheduled to mature in 2018. Warnaco will pay interest at a floating rate of 1% bearing a fixed margin of 2.75%. Warnaco stated that it plans to use the term loan proceeds for [...] (WRC) Warnaco Group Completes Debt Offering
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