Interface To Buy Back Senior Debt


Interface To Buy Back Senior Debt

Atlanta, GA, Nov. 4, 2010 — Interface, Inc. said it would go forward with its plan to buy back debt.

The company’s tender offer regards outstanding 11.375% Senior Secured Notes due 2013 9.5% Senior Subordinated Notes Due 2014.

The tender offer is scheduled to expire on Dec. 2.

Holders will receive $1,230 and $1,030 per $1,000 principal amount of 11.375% Notes and 9.50% Notes, respectively, the company said.

Join Our Newsletter

Get the latest flooring industry news delivered weekly.