Celestica launches USD 3 billion common share offering

Celestica launched a USD 3 billion treasury offering of common shares to fund investment tied to multi-year AI infrastructure demand.

• Underwriters get a 30-day option to buy up to 15% more shares.
• BofA Securities and Citigroup were named joint lead bookrunners; TD Securities was listed as bookrunner.
• Proceeds are earmarked for working capital, capital expenditures and general corporate purposes.