By Marisa Wong
Los Angeles, Aug. 19 – Hon Hai Precision Industry Co. Ltd. subsidiary Foxconn (Far East) Ltd. priced $110 million of seven-year bonds with a fixed coupon of 1 7/8%, according to a London Stock Exchange notice.
The bonds are guaranteed by the parent company.
Hon Hai Precision is a Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures.
| Issuer: | Foxconn (Far East) Ltd.
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| Guarantor: | Hon Hai Precision Industry Co. Ltd.
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| Issue: | Medium-term notes
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| Amount: | $110 million
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| Maturity: | Seven years
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| Coupon: | 1 7/8%
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| Pricing date: | Aug. 19
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