EXHIBIT 99.9
CONTACT: Linda J. Wachner Robert D. Siegfried
(212) 370-8205 Kekst and Company
(212) 521-4832
William S. Finkelstein
(212) 370-8287
FOR IMMEDIATE RELEASE
WARNACO COMPLETES $2.56 BILLION FINANCING
NEW YORK, NEW YORK, OCTOBER 6, 2000 --The Warnaco Group, Inc. (NYSE:WAC)
today announced that it has completed the transactions previously announced
to amend and extend up to $2.56 billion of existing financing facilities on
a secured basis through August 12, 2002. The refinancing transactions,
which became effective earlier today, are led by The Bank of Nova Scotia,
Salomon Smith Barney, Inc., Citibank, N.A., Morgan Guaranty Trust Company
of New York, Commerzbank, A.G. and Societe Generale. Warnaco said that the
principal loan agreements will be filed on Form 8-K with the Securities and
Exchange Commission.
The Warnaco Group, Inc., headquartered in New York, is a leading
manufacturer of intimate apparel, menswear, jeanswear, swimwear, men's and
women's sportswear, better dresses, fragrances and accessories sold under
such brands as Warner's(R), Olga(R), Fruit of the Loom(R) bras, Van
Raalte(R), Lejaby(R), Weight Watchers(R), Bodyslimmers(R), Izka(R), Chaps
by Ralph Lauren(R), Calvin Klein(R) men's, women's, and children's
underwear, men's accessories, and men's, women's, junior women's and
children's jeans, Speedo(R)/Authentic Fitness(R) men's, women's and
children's swimwear, sportswear and swimwear accessories, Polo by Ralph
Lauren(R) women's and girls' swimwear, Oscar de la Renta(R), Anne Cole
Collection(R), Cole of California(R) and Catalina(R) swimwear, A.B.S.(R)
Women's sportswear and better dresses and Penhaligon's(R) fragrances and
accessories.
