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Sanmina-SCI to tender for 10 3/8% notes due 2010
By Jennifer Chiou
New York, Jan. 30 - Sanmina-SCI Corp. announced it will tender for all of its 10 3/8% senior secured notes due 2010.
The San Jose, Calif., contract electronics manufacturer said it plans to use the proceeds from an issue of $600 million of senior subordinated notes due 2016 and cash on hand to fund the tender.
Banc of America Securities LLC, Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are joint bookrunners for the new deal.
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