Sanmina-SCI to redeem $150 million of 8 1/8% notes due 2016

By Tali David

Minneapolis, June 22 - Sanmina-SCI Corp. called all $150 million of its 8 1/8% senior subordinated notes due 2016, according to a press release.

The notes will be redeemed at $1,027.08 per $1,000 principal amount of the notes plus accrued interest on July 23.

The redemption is anticipated to be funded through borrowings under the company's credit facilities and other financings.

Sanmina-SCI is a San Jose, Calif.-based provider of integrated electronics manufacturing services.

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