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Prospect News home > News index > List of issuers F > Headlines for Flextronics International Ltd. > News item |
Flextronics $400 million 10-year notes set to price Monday
By Paul A. Harris
St. Louis, May 2 - Flextronics International Ltd. expects to price a quick-to-market offering of $400 million senior subordinated notes due 2013 on Monday, according to a syndicate source.
Citigroup, Credit Suisse First Boston and Goldman Sachs & Co. are joint bookrunners.
The Rule 144A notes will be non-callable for five years.
Proceeds will be used to redeem the company's 8¾% senior subordinated notes due 2007 and for general corporate purposes.
The issuer is a Singapore-based firm that provides manufacturing services to electronics companies.
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