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Technology Stocks : Celestica -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (215)	11/15/1999 11:59:00 AM
From: Marc	Respond to of 456

Celestica Completes US$488.0 Million Public Offering PR Newswire - November 15, 1999 11:48 TORONTO, Nov. 15 /CNW-PRN/ - Celestica Inc., (NYSE, TSE, ME: CLS), a world leader in electronics manufacturing services (EMS), announced today that it has completed a public offering of 8.05 million subordinate voting shares, including 1.05 million shares issued upon the exercise of the underwriters over-allotment option. The shares were issued at a price of Cdn$89.24 or US$60.625 per subordinate voting share for gross proceeds of approximately Cdn$718.4 million or US$488.0 million. Lead managers for the offering were Morgan Stanley Dean Witter and RBC Dominion Securities. Celestica intends to use the net proceeds from the offering for capital expenditures, working capital and general corporate purposes,