SAN JOSE,Calif., March 9, 2012 /PRNewswire/ -- Sanmina-SCI Corporation (NASDAQ GS: SANM) is calling today for redemption on April 9, 2012 $100.0 million in aggregate principal amount of its 8.125% Senior Subordinated Notes due 2016 (the "Notes"). The aggregate principal amount of the Notes currently outstanding is $250.0 million. The CUSIP number for the Notes being called for redemption is 800907 AK3. Upon redemption, holders of the Notes being redeemed will receive $1,027.08 per $1,000 principal amount of Notes, plus accrued and unpaid interest on the Notes being redeemed to, but excluding, the redemption date.
The redemption is anticipated to be funded through existing cash and borrowings under the Company's credit facility.
A Notice of Redemption is being mailed to all registered holders of the Notes. Copies of the Notice of Redemption may be obtained from U.S. Bank National Association, the Paying Agent, by calling (800) 934-6802.
Sanmina-SCI is a leading electronics contract manufacturer serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions and delivers superior quality and support to OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, multimedia, enterprise computing and storage, clean-tech and automotive technology sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the Company is available at http://www.sanmina-sci.com.
SOURCE Sanmina-SCI Corporation