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Sanmina-SCI gets $135 million asset-based revolver
By Sara Rosenberg
New York, Nov. 24 - Sanmina-SCI Corp. closed on $135 million five-year secured asset-based revolving credit facility, according to an 10-K filed with the Securities and Exchange Commission on Monday.
Bank of America is the agent on the deal that was completed on Nov. 19.
Pricing on the revolver can range from Libor plus 250 basis points to 325 bps.
There is a $65 million accordion feature.
Sanmina-SCI is a San Jose, Calif.-based provider of integrated electronics manufacturing services.
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