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Flextronics to repay revolver debt with $500 million note sale proceeds
Pittsburgh, Nov. 9 - Flextronics International Ltd. will repay outstanding debt under its revolving credit facilities with proceeds from its $500 million offering of senior subordinated notes due 2014, according to a company news release.
The proceeds will also be used for general corporate purposes, including working capital requirements, acquisitions and capital expenditures.
Flextronics is a Singapore-based electronics manufacturing services provider.
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