By Marisa Wong
Los Angeles, Sept. 29 – Hon Hai Precision Industry Co., Ltd. priced corporate bonds in four tranches totaling NT$15.45 billion, according to a London Stock Exchange notice.
Hon Hai priced NT$2.55 billion of five-year bonds with a fixed coupon of 0.51%, NT$10.3 billion of seven-year bonds with a fixed coupon of 0.62%, NT$2.4 billion of 10-year bonds with a fixed coupon of 0.7% and NT$200 million of 15-year bonds with a fixed coupon of 0.84%.
Each of the tranches priced at par.
This is the company’s second issue of unsecured corporate bonds for 2021.
Hon Hai Precision is a Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures.
| Issuer: | Hon Hai Precision Industry Co., Ltd.
|
| Issue: | Corporate bonds, 2021 second issue
|
| Amount: | NT$15.45 billion
|
| Issue date: | Sept. 30
|
|
|
| Series A bonds
|
| Amount: | NT$2.55 billion
|
| Maturity: | Sept. 30, 2026
|
| Coupon: | 0.51%
|
| Price: | Par
|
| Yield: | 0.51%
|
|
|
| Series B bonds
|
| Amount: | NT$10.3 billion
|
| Maturity: | Sept. 30, 2028
|
| Coupon: | 0.62%
|
| Price: | Par
|
| Yield: | 0.62%
|
|
|
| Series C bonds
|
| Amount: | NT$2.4 billion
|
| Maturity: | Sept. 30, 2031
|
| Coupon: | 0.7%
|
| Price: | Par
|
| Yield: | 0.7%
|
|
|
| Series D bonds
|
| Amount: | NT$200 million
|
| Maturity: | Sept. 30, 2036
|
| Coupon: | 0.84%
|
| Price: | Par
|
| Yield: | 0.84%
|
|
|
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