Celestica Amends Credit Facility

On June 4, 2004, Celestica Inc. announced that it had amended its US$250 million 364-day revolving term credit facility by, among other things, increasing the commitment to US$600 million and extending its maturity from October 2004 to June 2007. Concurrent with this amendment, Celestica elected to terminate its US$500 million four-year revolving facility, which would have otherwise matured in June 2005. CIBC World Markets and RBC Capital Markets acted as joint lead arrangers, CIBC acted as administrative agent, RBC Capital Markets and Banc of America Securities LLC acted as co-syndication agents and the Bank of Nova Scotia acted as documentation agent for the amendment.

Celestica Inc. was represented by Todd Melendy, vice-president & assistant general counsel, and Jeffrey Francis, corporate counsel, assisted by a team from Davies Ward Phillips & Vineberg comprised of Berl Nadler, Sonny Bhalla and Dale Osadchuk. The lenders were represented by Richard Pratt, Laurie Shieff and Amrit Sidhu of Osler, Hoskin & Harcourt.