UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 8, 1998
Unifi, Inc.
(Exact name of registrant as specified in its charter)
New York 1-10542 11-2165495
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
P.O. Box 19109 7201 West Friendly Avenue,
Greensboro, North Carolina 27419
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) 336-294-4410
(Former name or former address, if changed since last report.)
Item 5. other Events.
Unifi, Inc. announced January 8, 1998 its intention to offer and sell
through a private placement offering up to $300 million of its senior,
unsecured debt securities as set forth in the attached exhibit.
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.
Unifi, Inc.
WILLIS C. MOORE, III
Willis C. Moore, III
Senior Vice President and Chief Financial
Officer
Date: January 8, 1998
UNIFI, INC.
CURRENT REPORT ON FORM 8-K
EXHIBIT INDEX
Exhibit No. Description
(99) Unifi, Inc. News Release issued January 8, 1998,
announcing the Company's intent to offer an sell up to
$300 million of its senior, unsecured debt securities.
Exhibit(99)
Contact: Willis C. Moore
Senior Vice President and CFO
(336) 316-5664
FOR IMMEDIATE RELEASE
GREENSBORO, NC January 8, 1998 Unifi, Inc. (NYSE: UFI) announced today
that it intends to offer and sell up to $300 million of its senior, unsecured
debt securities (the "Notes") inside the United States to qualified
institutional buyers and outside the United States to non-U.S. investors.
The net proceeds of the offering, which is expected to be completed in
January 1998, will be used to repay a portion of the Company's bank credit
facility. The Notes will not be registered under the Securities Act of 1933
and may not be offered or sold in the United States absent such registration
or an applicable exemption from the registration requirements. This press
release does not constitute an offer to sell or the solicitation of an offer to
buy any security.
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