Celestica plans to use part of note proceeds to repurchase LYONs

Pittsburgh, June 4 - Celestica Inc. expects to use part of the proceeds from the sale of $350 million of senior subordinated notes due 2011 for the potential repurchase of its Liquid Yield Option Notes, as well as for general corporate purposes.

Celestica announced the off the shelf note offering Friday.

Citigroup Global Markets Inc., Banc of America Securities LLC and Deutsche Bank Securities Inc. will be joint bookrunners for the offering.

Celestica is a Toronto-based electronics manufacturing services company.

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