Interface to redeem 7.3% senior notes

By Devika Patel

Knoxville, Tenn., Aug. 16 - Interface Inc. announced it will redeem all of its outstanding $72 million 7.3% senior notes.

The notes, which originally were to mature on April 1, will be redeemed by Sept. 29.

The redemption price will be an amount equal to the sum of the discounted present values of the remaining scheduled payments, plus accrued interest.

Interface is an Atlanta-based floor coverings and fabrics company.

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