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. ###