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Interface to redeem $25 million of 9½% senior subordinated notes
By Jennifer Chiou
New York, Jan. 20 - Interface, Inc. announced the redemption of $25 million of its 9½% senior subordinated notes due 2014 at a price equal to 103.167% of par.
The Atlanta-based floor covering company said it will also pay accrued interest to the March 8 redemption date.
US Bank NA is the trustee.
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