TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has amended its existing senior secured credit agreement ("Existing Facility")*, with an upsizing of the total facility to $1.5 billion ("Amended Facility") to support continuing growth. The Amended Facility consists of the following key changes to the Existing Facility: Revolving loan facility upsized to $750 million (the "Revolver") Increases the revolving loan commitments from $600 million to $750 million. Maturity date extended from March 2025 to June 2029. New Term A and Term B loans with a total original principal amount of $750 million (the "Term Loans") Replaces (and terminates) the two existing term loans (aggregate of $604 million outstanding) with (i) a new term A loan in the original principal amount of $250 million (the "Term A Loan"), with a maturity date in June 2029, and (ii) a new term B loan in the original principal amount of $500 million (the "Term B Loan"), with a maturity date in June 2031. The new Term A Loan currently bears interest at adjusted Term SOFR plus 1.75%1, and is subject to quarterly principal repayments of $3.125 million. The new Term B Loan currently bears interest at Term SOFR ...