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[FLEX] Flextronics Intl. LTD.

Symbol: FLEX

12/1/2008 04:05pm
Flextronics Intl. LTD. Announces Modified Dutch Tender Offer for 1% Convertible Subordinated Notes

- Commencing a cash tender offer to purchase its outstanding 1% Convertible Subordinated Notes due August 1, 2010 in an aggregate principal amount not to exceed $250M
- The consideration payable pursuant to the Tender Offer per $1,000 principal amount of Notes validly tendered and accepted for purchase by Flextronics will be a price not greater than $870 per $1,000 principal amount and will be determined based on a formula consisting of a base price equal to $780 (the "Base Price") plus a clearing premium not to exceed $90


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