Interface Redeems the Remaining $11.5 Million of its 9.5% Senior Subordinated Notes due 2014
Interface, Inc. (Nasdaq: IFSIA) today announced that it has redeemed the remaining $11.5 million in aggregate principal amount outstanding of its 9.5% Senior Subordinated Notes due 2014 at a price equal to 100% of the principal amount of the Notes, plus accrued interest to the redemption date. An aggregate of approximately $11.7 million, which includes interest that has accrued through the redemption date, was required to redeem the Notes.
US Bank National Association (as successor in interest to SunTrust Bank), trustee in respect of the Notes, processed the transmittal of the redemption notice to the holders of record of the Notes that were redeemed.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.