UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 | Other Events. |
On August 8, 2019, Flex Ltd. (the “Company”) issued a notice of redemption to redeem $250,008,000 in aggregate principal amount of its 4.625% Notes due 2020 (the “Notes”), representing all of the outstanding Notes, on September 20, 2019 (the “Redemption Date”). The redemption is being made pursuant to the terms of the Indenture, dated as of February 20, 2013 (as amended or supplemented, the “Indenture”), between the Company and U.S. Bank National Association, as trustee. Pursuant to Section 3.01 of the Indenture, the redemption price shall be equal to the greater of (i) 100% of the aggregate principal amount of the Notes to be redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the applicable Treasury Rate (as defined in the Indenture) plus 50 basis points, plus, in each case, accrued and unpaid interest thereon to, but not including, the Redemption Date.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Flex Ltd. | ||
Date: August 8, 2019 | By: | /s/ Christopher Collier |
Name: Christopher Collier | ||
Title: Chief Financial Officer |
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