Interface Inc. Enters New Agreements, Terminates Others

TL;DR

Interface Inc. signed new deals and ditched old ones on Dec 3rd, creating new debt.

AI Summary

On December 3, 2025, Interface Inc. entered into a material definitive agreement and simultaneously terminated another. The company also created a direct financial obligation. Specific details regarding the nature of these agreements, the parties involved, and the financial implications were not provided in this filing.

Why It Matters

This filing indicates significant changes in Interface Inc.'s contractual and financial obligations, which could impact its future operations and financial health.

Risk Assessment

Risk Level: medium — The filing indicates the creation of a direct financial obligation and the termination of a material definitive agreement, suggesting potential financial shifts or restructuring.

Key Players & Entities

• Interface Inc. (company) — Filer of the 8-K report
• December 03, 2025 (date) — Date of the earliest event reported

FAQ

Key Financial Figures

• $0.10 — ange on Which Registered Common Stock, $0.10 Par Value Per Share TILE Nasdaq Global
• $170 million — ity in an aggregate principal amount of $170 million (the " Term Loan "); (d) reducing the
• $300 million — cing the revolving credit facility from $300 million to $250 million; and (e) reducing the
• $250 million — ng credit facility from $300 million to $250 million; and (e) reducing the maximum unused
• $205 million — Agreement in the approximate amount of $205 million at closing. The applicable weighted ave
• $25 million — ing to any other indebtedness exceeding $25 million), after giving effect to any applicable

Filing Documents

• tile-20251203.htm (8-K) — 46KB
• creditagreementthirdar-int.htm (EX-10.1) — 1914KB
• 0000715787-25-000035.txt ( ) — 2388KB
• tile-20251203.xsd (EX-101.SCH) — 2KB
• tile-20251203_lab.xml (EX-101.LAB) — 21KB
• tile-20251203_pre.xml (EX-101.PRE) — 12KB
• tile-20251203_htm.xml (XML) — 3KB

01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT Entry into Third Amended and Restated Syndicated Facility Agreement 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. The purpose of the Agreement is to amend and restate that certain Second Amended and Restated Syndicated Facility Agreement, dated as of August 7, 2018, as subsequently amended. The key changes from the prior agreement include, but are not limited to, the following: (a) amending the interest rates applicable to the loans thereunder as follows: interest on Base Rate loans is charged at varying rates computed by applying a margin ranging from 0.125% to 1.00% over the Base Rate (as defined in the Agreement, the greater of the Federal Funds Rate plus a margin, the prime rate or the Secured Overnight Financing Rate ("SOFR") plus a margin), depending on the Company's consolidated net leverage ratio (as defined in the Agreement) as of the most recently completed fiscal quarter. Interest on SOFR-based and alternative currency loans is charged at varying rates computed by applying a margin ranging from 1.125% to 2.00% over the applicable SOFR rate or alternative currency rate, depending on the Company's consolidated net leverage ratio as of the most recently completed fiscal quarter; (b) extending the maturity date of the revolving and term loan credit facilities thereunder from October 14, 2027 to December 3, 2030; (c) adding a new term loan facility in an aggregate principal amount of $170 million (the " Term Loan "); (d) reducing the revolving credit facility from $300 million to $250 million; and (e) reducing the maxi

02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT. Redemption of Notes and Satisfaction and Discharge of Indenture As previously reported, on November 18, 2025, the Company delivered a notice of conditional redemption for all of its $300 million outstanding principal amount of 5.50% Senior Notes due 2028 (the " Notes "). 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. In connection the redemption of the Notes, the Indenture governing the Notes dated as of November 17, 2020 by and among the Company, as issuer, the guarantors party thereto, and Regions Bank, as trustee (the " Indenture "), was satisfied and discharged, and consequently the Company's and the guarantors' obligations under the Indenture and the Notes is terminated, subject to certain customary surviving obligations. The foregoing summary of the consequences of the redemption of the Notes and satisfaction and discharge of the Indenture is qualified in its entirety by reference to the full text of the Indenture, and Section 8.01 thereto in particular, which is incorporated by reference from Exhibit 4.1 to the Company's Current Report on Form 8-K filed on November 18, 2020 and included as Exhibit 10.2 to this Current Report on Form 8-K and incorporated by reference herein. ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The disclosure under Item 1.01 of this Current Report on Form 8-K related to the Agreement is incorporated by reference in response to this Item 2.03.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description 10.1* Third Amended and Restated Syndicated Facility Agreement dated as of December 3, 2025 among Interface, Inc. and certain of its subsidiaries as Borrowers, certain of its subsidiaries as Guarantors, and the Agents and Lenders thereto. 10.2 Indenture governing the Company's 5.50% Senior Notes Due 2028, dated as of November 17, 2020 (incorporated by reference from Exhibit 4.1 to the Company's Current Report on Form 8-K filed on November 18, 2020). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Schedules and certain exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company undertakes to furnish supplemental copies of any of the omitted documents upon request by the Securities & Exchange Commission.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERFACE, INC. By: /s/ David B. Foshee David B. Foshee Vice President Date: December 3, 2025

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View this 8-K filing on SEC EDGAR