---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-104410"
form_type: "8-K"
ticker: "UFI"
cik: "0000100726"
company_name: "UNIFI INC"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:00:17.448466+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Unifi amends credit agreement, reduces revolver to $80M and modifies margin rates

## Summary
- Revolver capacity cut from $115M to $80M; outstanding term loan was $98.9M on Sept 5, 2024.
- Amendment permits sale of Yadkinville, NC warehouse; net proceeds to reduce revolver, not term loan.
- SOFR margin raised to 1.50%-2.00% and Base Rate margin to 0.50%-1.00% until fixed charge coverage ratio >=1.05x.
- Company paid lenders a $195,000 aggregate fee; term loan reset now requires lender approval.

## SEC filing metadata
- accession: 0000950170-24-104410
- form_type: 8-K
- ticker: UFI
- cik: 0000100726
- company_name: UNIFI INC
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100726/000095017024104410/0000950170-24-104410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100726/000095017024104410/ufi-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-104410
- JSON: https://secwatch.observer/filing/0000950170-24-104410.json
- Plain text: https://secwatch.observer/filing/0000950170-24-104410.txt

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