0001104659-26-049818
SEC filingCelestica Inc. amended its senior credit agreement to increase revolver commitments from $750 million to $1,750 million, refinance $228.1 million Term A Loan into a $250 million facility, and extend maturities to April 2031.
Celestica Inc. significantly expanded its liquidity through the April 2026 Amendment, more than doubling revolver capacity to $1,750 million while upsizing and extending its Term A Loan facility. This provides enhanced financial flexibility for general corporate purposes amid potential growth opportunities. The full draw of the $250 million New Term A Loan at closing refinanced the prior $228.1 million balance (as of March 31, 2026), covering repayment and transaction costs. Maturity extension to April 2031 from June 2029 reduces near-term refinancing risk. Interest terms remain competitive with margins tied to corporate ratings, currently at 1.50% over Term SOFR for key borrowings, and commitment fees scaled similarly. Lender syndicate led by Bank of America includes major institutions like CIBC, Crédit Agricole, TD Securities, BNP Paribas, and Royal Bank of Canada, signaling strong banking support. No adverse changes to covenants or security requirements maintain the facility's existing structure. Investors benefit from improved capital access without added restrictions, positioning the company for operational and strategic initiatives.