Unifi Inc.to Buy Some of its Senior Debt

Textured polyester and nylon fiber producer Unifi Inc. has begun a cash tender offer for up to $8.78 million in aggregate principal amount of its 11.5% senior secured notes due 2014.

Unifi said it is acting "to utilize the Excess Collateral Proceeds" it has accumulated.

The company said that some $190 million in aggregate principal amount of the notes are currently outstanding.

The cash offer is open through end of business on March 31.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • 1200 Suppliers are Ready for You at Intertextile Shanghai

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT August 2017

See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.

See details!