FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of November, 2018
001-14832
(Commission File Number)
CELESTICA INC.
(Translation of registrants name into English)
844 Don Mills Road
Toronto, Ontario
Canada M3C 1V7
(416) 448-5800
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Furnished Herewith (and incorporated by reference herein)
Exhibit No. |
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Description |
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99.1 |
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Press Release, dated November 14, 2018 |
The information contained in Exhibit 99.1 of this Form 6-K is not incorporated by reference into any registration statement (or into any prospectus that forms a part thereof) filed by Celestica Inc. with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CELESTICA INC. | |
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Date: November 14, 2018 |
By: |
/s/ Elizabeth L. DelBianco | |
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Elizabeth L. DelBianco | |
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Chief Legal and Administrative Officer | |
FOR IMMEDIATE RELEASE |
November 14, 2018 |
CELESTICA INCREASES TERM LOAN BORROWINGS UNDER CURRENT CREDIT FACILITY
TORONTO, Canada - Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the worlds most innovative companies, today announced that it has utilized the accordion feature under its current credit facility to add an incremental $250.0 million term loan (the Incremental Term Loan), for total term loan borrowings under such facility of $600.0 million. Net proceeds of the Incremental Term Loan were used to repay approximately $245.0 million of the $339.5 million borrowed under the Companys revolving loan to finance its recently-announced acquisition of Impakt Holdings, LLC. The Incremental Term Loan bears interests at LIBOR plus 2.5%, and in connection therewith, the interest rate on the Companys original $350.0 million term loan increased to LIBOR plus 2.125%. The Incremental Term Loan is subject to quarterly principal repayments of $625,000, and matures together with the original term loan in June 2025. The Incremental Term Loan was provided by a syndicate of lenders and Bank of America, N.A. as Administrative Agent. All dollar amounts are denominated in US dollars.
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., CIBC World Markets Corp., MUFG Bank, Ltd., RBC Capital Markets, LLC, The Bank of Nova Scotia, and J.P. Morgan Securities LLC acted as Joint Lead Arrangers and Joint Bookrunners (with Merrill Lynch, Pierce, Fenner & Smith Incorporated as left Lead Arranger).
About Celestica
Celestica enables the worlds best brands. Through our recognized customer-centric approach, we partner with leading companies in aerospace and defense, communications, enterprise, healthtech, industrial, capital equipment, and smart energy to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers.
For more information, visit http://www.celestica.com.
Our securities filings can also be accessed at www.sedar.com and www.sec.gov.
Contacts:
Celestica Communications |
Celestica Investor Relations |
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(416) 448-2200 |
(416) 448-2211 |
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media@celestica.com |
clsir@celestica.com |
The information that you are accessing on this website may include forward-looking statements related to our future growth, trends in our industry, our financial and operational results and performance that are based on current expectations, forecast and assumptions involving risk and uncertainties that could cause actual outcomes and results to differ materially.