The Dixie Group announced that it has issued $37 million of senior term notes, due May 2007, amended its senior credit facility, and settled the $50 million obligation that was due in April 2003 to the former
shareholders of Fabrica.
The amended senior credit facility provides revolving credit of up to $90 million, a $38.4 million term loan, and additional borrowing availability under the company's borrowing base.