Interface Redeems the Remaining $11.5 Million of its 9.5% Senior Subordinated Notes due 2014


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsBuybacks