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Flex has extended its previously announced offer to exchange up to $600 million aggregate principal amount of its outstanding, unregistered 4.750% Notes due 2025 for an equivalent amount of 4.750% Notes due 2025, which have been registered under the Securities Act of 1933.
The Exchange Offer, which had originally been scheduled to expire at 11:59 p.m., New York City time, on January 11, 2016 will now expire at 11:59 p.m., New York City time, on January 14, 2016, subject to Flex's right to further extend the expiration date for the Exchange Offer.
The extension of the Exchange Offer has been made to allow holders of outstanding Original Notes who have not yet tendered their Original Notes for exchange additional time to do so. All other terms of the Exchange Offer, as set forth in the prospectus dated December 7, 2015 and the accompanying letter of transmittal, will remain in full force and effect.
Flex has been advised that, as of 5:00 p.m. New York City time, on January 11, 2016, $599,930,000 in aggregate principal amount of the Original Notes had been validly tendered and not withdrawn in the Exchange Offer, representing 99.9883% of the aggregate principal amount outstanding of the Original Notes.
Holders of the Original Notes may obtain copies of the Prospectus and the accompanying letter of transmittal through U.S. Bank National Association, which is serving as the exchange agent in connection with the Exchange Offer.