November 23, 2010 (FinancialWire) (http://www.financialwire.net/) — Interface, Inc. (NASDAQ: IFSIA), a maker of modular carpet, said that it has launched a private offering of $275 million of senior notes due 2018.

The company said it will use the net proceeds from the sale o in connection with the repurchase, repayment or other discharge of all or substantially all of its $150 million aggregate principal amount of outstanding 11.375% senior secured notes due 2013 and $110 million aggregate principal amount of outstanding 9.50% senior subordinated notes due 2014, for which the company is conducting a tender offer that launched on November 3 and is scheduled to expire on December 2.  

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