Sanmina-SCI Corporation Announces Tender Offers and Consent Solicitation (SANM)

Sanmina-SCI Corporation SANM announced today that it has commenced (1) a cash tender offer for any and all of its outstanding 6 3/4% Senior Subordinated Notes due 2013, of which $380.0 million aggregate principal amount is outstanding, and a consent solicitation relating to certain amendments designed to, among other things, eliminate most of the restrictive covenants and certain events of default contained in the indenture governing the 2013 Notes and (2) a cash tender offer for up to $200.0 million aggregate principal amount of its outstanding 8.125% Senior Subordinated Notes due 2016, of which $600.0 million aggregate principal amount is outstanding.   The terms and conditions of the 2013 Notes Offer are set forth in the Offer to Purchase and Consent Solicitation Statement dated April 26, 2011 and the accompanying Letter of Transmittal and Consent dated April 26, 2011.  The terms and conditions of the 2016 Notes Offer are set forth in the Offer to Purchase dated April 26, 2011and the accompanying Letter of Transmittal dated April 26, 2011.  The Offers will expire at 8:00 a.m., New York City time, on May 24, 2011, unless extended or earlier terminated.
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