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Celestica Down 1.4% In US After Hours As Amends and Upsizes Credit Facility
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Celestica Down 1.4% In US After Hours As Amends and Upsizes Credit Facility
Jun 20, 2024 2:30 PM

05:14 PM EDT, 06/20/2024 (MT Newswires) -- Celestica ( CLS ) was at last look down 1.4% in US after-hours trading after saying it amended its existing senior secured credit agreement, upsizing of the total facility to US$1.5 billion to "support continuing growth".

A statement noted the amendments includes an increase in the revolving loan commitments from $600 million to $750 million, and the maturity date extended from March 2025 to June 2029. It also involves new Term A and Term B loans with a total original principal amount of $750 million.

CLS was at last look down 1.4% in US after hours, having lost 5.5% during regular trade. It closed down $5.57 to $76.40 on the Toronto Stock Exchange.

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