Celestica To Redeem Senior Notes

NEW YORK (AP) ¿ (AP) ¿ Canadian electronics manufacturing services company Celestica Inc. said Monday it will redeem all of its $339.4 million outstanding 7.875 percent senior subordinated notes due 2011.

The company plans to redeem the notes within 30 to 60 days and pay for it using its existing cash resources.

Shares rose 44 cents, or 5.1 percent, to $9.03 in morning trading. The stock has traded between $2.58 and $10.13 in the past 52 weeks.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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