Unifi Calls for Partial Redemption of its 11.5% Senior Secured Notes Due 2014

Unifi, Inc. UFI, announced today that it is calling for redemption on August 5, 2011 an aggregate principal amount of $10,000,000 of its outstanding 11.5% Senior Secured Notes due 2014 in accordance with the terms of the indenture governing the Notes. Pursuant to the terms of the Indenture, the redemption price for the Notes will be 102.875% of the principal amount of the redeemed Notes, plus accrued and unpaid interest. Following completion of the redemption, the aggregate principal amount of the Notes that will remain outstanding will be $123.7 million.
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