Flex Ltd FLEX:NASDAQ

Last Price$12.00NASDAQ Previous Close - Last Trade as of 3:59PM ET 12/13/19
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change0(0.00%)
Bid (Size)$11.76 (1)
Ask (Size)$12.42 (1)
Day Low / HighN/A - N/A
Volume3.4 M

Flex Slides 2% - Prices Tender Offer for Notes

3:23PM ET 6/05/2019 MT Newswires
Flex (FLEX) on Wednesday priced its previously announced cash tender offer for any and all of its outstanding 4.625% notes due 2020.

In a statement, the company said the consideration is $1,013.02 for each $1,000 principal amount of the 2020 notes validly tendered and accepted for purchase.

Shares were down 2% in late afternoon trade.

The tender offer expires Wednesday at 5 pm Eastern Time.

In addition to the tender offer consideration, holders of the 2020 notes will receive accrued and unpaid interest on the 2020 Notes validly tendered and accepted for purchase from the Feb. 15 interest payment date up to, but not including, the settlement date, which is currently expected to be on June 6.

Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services.

Price: 9.35, Change: -0.20, Percent Change: -2.04