FLEX news

Flex Ltd. executed a bridge credit agreement dated October 9, 2026, as amended by a supplemental indenture on October 10, 2026. The agreement involves issuing unsecured senior notes related to a tender offer.

Warrantholders will receive a SpinCo Warrant instead of shares in the proposed transaction. This structural change may impact the valuation of the warrant by separating the equity upside of the separated companies.

Flex Ltd. disclosed a Series A convertible preferred stock investment agreement with Axiom Solutions International, a Flex Company, dated as of October 2, 2026. The agreement details terms for certain confidential investments and obligations.

Flex Ltd. entered into a $3 billion five-year revolving credit facility dated Sept. 29, 2026, led by Citibank and BoFA. The deal improves financial flexibility amid current merger negotiations.

Flex secured Amy Schwetz as its CFO, effective October 5, 2026, alongside four director appointees to support its upcoming separation from the Cloud and Power Infrastructure segment.

Flex issued a press release announcing a definitive agreement to acquire EPC Power Corp. on September 3, 2026. This strategic acquisition aligns with Flex's goals to expand its portfolio and capabilities.

Flex has appointed executive leadership teams for its Cloud and Power Infrastructure spin-off (SpinCo) and retained business, initially led by Revathi Advaithi and Michael Hartung, ahead of the Q1 2027 separation.

Flex Ltd. entered into a credit agreement dated May 29, 2026 with Citibank as administrative agent and 12 major international lenders as joint lead arrangers. The facility provides the company with expanded liquidity and financial flexibility for corporate purposes.