Celestica completes redemption of its 7.625% senior subordinated notes due 2013
March 02 2010 - 5:21PM
PR Newswire (US)
TORONTO, March 2 /PRNewswire-FirstCall/ -- Celestica Inc. (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 its outstanding 7.625% Senior Subordinated Notes due
2013 (the "Notes"). The company used US$234.5 million from existing
cash resources to settle the outstanding Notes with a principal
amount of US$223.1 million at a price of 103.813% 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 statements are not guarantees of future performance. Risks
and uncertainties, as well as other information related to the
Company, are discussed in the Company's various public filings at
http://www.sedar.com/ and http://www.sec.gov/, including our Annual
Report on Form 20-F and subsequent reports on Form 6-K filed with
the Securities and Exchange Commission and our Annual Information
Form filed with the Canadian Securities Commissions.
Forward-looking statements are provided for the purpose of
providing information about management's current expectations and
plans relating to the future. Readers are cautioned that such
information may not be appropriate for other purposes. Except as
required by applicable law, we disclaim any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. DATASOURCE:
Celestica Inc. CONTACT: Laurie Flanagan, Celestica Global
Communications, (416)448-2200, media@celestica.com; Paul Carpino,
Celestica Investor Relations,(416) 448-2211, clsir@celestica.com
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