FCI Announces the Successful Completion of a New $250 Million Syndicated Term Loan Facility

SINGAPORE (January 13, 2014) — FCI, a leading manufacturer of connectors and interconnect systems, has raised a new $250 million syndicated term loan in the U.S. institutional loan market. Proceeds from the new 7-year loan will be used to fund a distribution to its shareholders and pay for expenses in connection with the issuance. The facility as well as FCI is rated B1 and BB- by Moody’s and Standard & Poor’s, respectively.

“The new financing allows FCI to return capital to its shareholders and to put in place an appropriate capital structure while maintaining the operational flexibility to execute on our long-term strategy”, says Alessandro Perrotta, CEO of FCI.

Goldman Sachs International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC acted as joint lead arrangers and joint lead bookrunners on the transaction.