Interface Inc., a worldwide commercial interiors products and services company, announced the consummation of an amendment and restatement of its revolving credit facility. The amended and restated facility, like its predecessor, provides a borrowing amount of up to $100 million, depending on the level of assets maintained in a specified borrowing base.

The facility matures on May 15, 2005, but may be extended to October 1, 2007 if the company meets certain conditions relating to liquidity and the repayment of long-term debt.

"The amendment and restatement of our revolving credit facility provides Interface with ample liquidity and financial flexibility, while also allowing the company to take advantage of opportunities for growth as they arise," said Patrick C. Lynch, chief financial officer.