• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Sales decline marginally at Unifi in FY'12

27 Jul '12
3 min read

Cash-on-hand as of June 24, 2012 was $10.9 million, and total outstanding debt was $121.6 million, which reflects a $47 million reduction of debt from the prior year end, June 26, 2011.  "During the June 2012 quarter, we were pleased to announce the completion of our debt refinancing," said Ron Smith, Chief Financial Officer of Unifi. 

"Our new bank facility and term B loan extend the maturity profile of our indebtedness and are expected to result in significant annual interest savings.  The structure also provides us with the availability and flexibility we need to execute on our strategic objectives."

Unifi Inc. is a diversified producer and processor of multi-filament polyester and nylon textured yarns and related raw materials.

Unifi Inc

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search