Sanmina-SCI Corporation Announces the Final Results for its Previously Announced Tender Offer and Consent Solicitation

SAN JOSE, Calif., May 24, 2011 /PRNewswire/ -- Sanmina-SCI Corporation (the "Company") (Nasdaq GS: SANM) announced today that its previously announced cash tender offer and consent solicitation (the "2013 Notes Offer") for any and all of its 6 3/4% Senior Subordinated Notes due 2013 (the "2013 Notes") expired at 8:00 a.m., New York City time, on May 24, 2011, in accordance with the Offer to Purchase and Consent Solicitation Statement dated April 26, 2011, relating to the 2013 Notes.  D.F. King & Co., Inc., tender agent for the 2013 Notes Offer, informed the Company that after 5:00 p.m., New York City time, on May 9, 2011 (the "Early Tender and Consent Deadline"), no further tenders were received from holders of 2013 Notes.

As previously announced, on May 10, 2011, the Company accepted for payment $279,340,000 in aggregate principal amount of its 2013 Notes validly tendered as of the Early Tender and Consent Deadline and made payment to The Depository Trust Company therefor.  On May 11, 2011, the Company called the remainder of the outstanding 2013 Notes for redemption on June 10, 2011.

The Company has engaged BofA Merrill Lynch, as the dealer manager and solicitation agent for the 2013 Notes Offer.  Persons with questions regarding the 2013 Notes Offer should be directed to BofA Merrill Lynch toll-free at (888) 292-0070 or collect at (980) 388-9217 (attention: Debt Advisory Services).  Requests for documents should be directed to D.F. King & Co., Inc., the Information Agent for the 2013 Notes Offer, at (800) 207-3158 or (212) 269-5550.

This press release is for informational purposes only and is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of a consent with respect to any of the 2013 Notes.  The tender offer and the consent solicitation are being made solely by the Offer to Purchase and Consent Solicitation Statement and accompanying Letter of Transmittal.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Sanmina-SCI Corporation 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.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  Readers can identify these forward-looking statements by the use of such verbs as "expects," "anticipates," "believes" or similar verbs or conjugations of such verbs.  Such forward-looking statements are based upon information currently available to management and management's perception thereof as of the date of this news release.  However, such statements are dependent on and, therefore, can be influenced by, a number of external variables over which management has little or no control.  As a result, actual outcomes and results may differ materially from those expressed in forward-looking statements.  The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

SANMF

SOURCE Sanmina-SCI Corporation

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED