Celestica amends revolver to increase size, extend maturity

By Sara Rosenberg

New York, June 4 - Celestica Inc. amended its revolving credit facility to increase the size to $600 million from $250 million and extend the maturity to June 2007 from October 2004, according to a company news release.

CIBC World Markets and RBC Capital Markets acted as joint lead arrangers, Canadian Imperial Bank of Commerce acted as administrative agent, RBC Capital Markets and Banc of America Securities LLC acted as co-syndication agents and The Bank of Nova Scotia acted as documentation agent for the deal.

Concurrent with the amendment, the company terminated its $500 million four-year revolver, which was scheduled to mature in June 2005.

The revolver is undrawn.

Celestica is a Toronto-based provider of electronics manufacturing services.

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