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ap

Celestica to redeem senior notes

Celestica to redeem $339.4 million of its outstanding senior notes

  • On 10:59 am EDT, Monday September 28, 2009

(AP) -- Canadian electronics manufacturing services company Celestica Inc. said Monday it will redeem all of its $339.4 million outstanding 7.875 percent senior subordinated notes due 2011.

The company plans to redeem the notes within 30 to 60 days and pay for it using its existing cash resources.

Shares rose 44 cents, or 5.1 percent, to $9.03 in morning trading. The stock has traded between $2.58 and $10.13 in the past 52 weeks.

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