---
schema_version: "secwatch.filing_event.v1"
accession: "0000715787-25-000035"
form_type: "8-K"
ticker: "TILE"
cik: "0000715787"
company_name: "INTERFACE INC"
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:32:47.161748+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Interface refinances debt: $170M term loan, extends maturity to 2030, redeems $300M notes

## Summary
- New $170M term loan fully drawn; revolver reduced from $300M to $250M.
- Maturity extended from Oct 2027 to Dec 2030; weighted avg interest rate ~5.24%.
- $300M of 5.50% Senior Notes due 2028 redeemed Dec 3, 2025 using term loan and cash.
- Financial covenants: max secured net leverage 3.00x, min interest coverage 2.25x.
- Facility secured by substantially all domestic assets; unused commitment fee up to 0.30%.

## SEC filing metadata
- accession: 0000715787-25-000035
- form_type: 8-K
- ticker: TILE
- cik: 0000715787
- company_name: INTERFACE INC
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715787/000071578725000035/0000715787-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715787/000071578725000035/tile-20251203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715787-25-000035
- JSON: https://secwatch.observer/filing/0000715787-25-000035.json
- Plain text: https://secwatch.observer/filing/0000715787-25-000035.txt

## Key facts
- Material Agreements
  INTERFACE INC terminated Indenture governing 5.50% Senior Notes due 2028 with Regions Bank valued at $300 million redeemed in full (effective 2025-12-03).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: Regions Bank
  - Value: $300 million redeemed in full
  - Effective: 2025-12-03
  source text: The Notes were fully redeemed on December 3, 2025 using a combination of the net proceeds from the Term Loan and the Company’s available cash on hand.
  evidence_url: https://www.sec.gov/Archives/edgar/data/715787/000071578725000035/0000715787-25-000035-index.htm
- Material Agreements
  INTERFACE INC amended Third Amended and Restated Syndicated Facility Agreement with Bank of America, N.A. valued at $250 million revolving facility, $170 million term loan (effective 2025-12-03).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $250 million revolving facility, $170 million term loan
  - Effective: 2025-12-03
  source text: On December 3, 2025, Interface, Inc. (“the Company ”) entered into the Third Amended and Restated Syndicated Facility Agreement (the “ Agreement ”) with certain of its wholly owned foreign subsidiaries as co-borrowers (together with the Company, collectively, the “ Borrowers ”), its material domestic subsidiaries as guarantors, Bank of America, N.A. as administrative agent and lender, and the other lenders signatory thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/715787/000071578725000035/0000715787-25-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.