Phillips Van-Heusen looks to cut pricing on $1.96bn loans

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Phillips Van-Heusen looks to cut pricing on $1.96bn loans

US fashion group Phillips Van-Heusen (PVH), which bought Tommy Hilfiger in 2010 in one of the most important leveraged deals since the crisis, is looking to take advantage of liquidity levels to refinance its $1.96bn of loans at reduced margins.

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