Business
Celestica Inc. completes redemption of its 7.875% senior subordinated notes due 2011
Celestica Inc. completes redemption of its 7.875% senior subordinated notes due 2011
About this update from Celestica Inc.
[{"type":"text","content":"\n\n\n\nNov. 3, 2009 (Canada NewsWire Group) -- TORONTO, Nov. 3 /CNW/ -- Celestica Inc. (\"Celestica\") (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that it has completed the redemption of all of its outstanding 7.875% Senior Subordinated Notes due 2011 (the \"Notes\"). The company used US$355.2 million of its existing cash resources to settle the outstanding principal amount of the Notes of US$339.4 million at a price of 101.969% plus accrued and unpaid interest to the redemption date.About Celestica---------------Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers' success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Committed to providing a truly differentiated customer experience, our agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.Safe Harbour and Fair Disclosure Statement------------------------------------------Statements contained in this press release which are not historical facts, including those relating to the redemption of the Notes and the expected benefits of such redemption, are forward-looking statements. Such forward-looking statements are predictive in nature, and may be based on current expectations, forecasts or assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from the forward-looking statements themselves. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as \"believes,\" \"expects,\" \"anticipates,\" \"estimates,\" \"intends,\" \"plans,\" or similar expressions, or may employ such future or conditional verbs as \"may\", \"will\", \"should,\" or \"would,\" or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities legislation. Forward looking st...