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Unifi off-loads assets as part of debt reduction plan

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Sale of two non-strategic real estate assets is expected to have minimal operational impact to the business and create no downtime

Unifi Luxel

Greensboro - Textured yarn supplier Unifi is to sell-off real estate assets from its operating base in a bid to help reduce debt.

The manufacturer of the Repreve brand of recycled yarns is to sell two non-strategic assets in Yadkin County, North Carolina for approximately $60 million before fees and expenses.

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