Celestica Announces Enhancements to Current Credit Facility [Canadian Business Journal (Canada)]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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corporate.celestica.com/events-and-presentations
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Source: Canadian Business Journal
TORONTO, Dec. 06, 2021 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE: CLS) (TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that it has enhanced its current credit facility, including an expansion of its borrowing capacity with improved terms.Celestica currently has an aggregate of $660.4 million of term loans outstanding, compared to $440.4 million outstanding as at September 30, 2021. The net increase in the term loans outstanding reflects the repayment of amounts borrowed under its revolving facility (Revolver) used to finance a portion of the purchase of PCI Private Limited.The key amendments to the credit facility include: (i) the provision of a new term loan (Second Incremental Term Loan) in the original principal amount of $365.0 million, all of which was immediately drawn; (ii) an increase in the commitments under its Revolver from $450.0 million to $600.0 million and an extension of its maturity date
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- 3/11/24 - Form 20-F
- CLS's page on the SEC website