Interface, Inc. has entered into a Third Amended and Restated Syndicated Facility Agreement with Bank of America, N.A. and other lenders, alongside certain of its subsidiaries. The new agreement amends and restates a previous facility from 2018, updating interest rates and extending the maturity date of its revolving and term loan credit facilities from October 14, 2027 to December 3, 2030. The amended terms include interest rates that vary based on Interface's consolidated net leverage ratio and introduce a range of financial and operational covenants restricting certain activities, such as incurring additional debt, asset sales, and dividend payments above specified amounts.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Interface Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000715787-25-000035), on December 03, 2025, and is solely responsible for the information contained therein.