By Marisa Wong
Los Angeles, Aug. 17 – Hon Hai Precision Industry Co., Ltd. priced NT$11 billion of corporate bonds in four tranches, according to a London Stock Exchange notice.
Hon Hai priced NT$3.6 billion of 1.6% three-year bonds, NT$5.4 billion of 1.67% five-year bonds, NT$1.3 billion of 1.7% seven-year bonds and NT$700 million of 1.85% 10-year bonds.
Each of the tranches priced at par.
This is the company’s second issue of unsecured corporate bonds for 2022.
The bonds will be issued on Thursday.
Hon Hai Precision is a Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures.
| Issuer: | Hon Hai Precision Industry Co., Ltd.
|
| Amount: | NT$11 billion
|
| Issue: | Corporate bonds, 2022 second issue
|
| Issue date: | Aug. 18
|
|
|
| Series A bonds
|
| Amount: | NT$3.6 billion
|
| Maturity: | Aug. 18, 2025
|
| Coupon: | 1.6%
|
| Price: | Par
|
| Yield: | 1.6%
|
|
|
| Series B bonds
|
| Amount: | NT$5.4 billion
|
| Maturity: | Aug. 18, 2027
|
| Coupon: | 1.67%
|
| Price: | Par
|
| Yield: | 1.67%
|
|
|
| Series C bonds
|
| Amount: | NT$1.3 billion
|
| Maturity: | Aug. 18, 2029
|
| Coupon: | 1.7%
|
| Price: | Par
|
| Yield: | 1.7%
|
|
|
| Series D bonds
|
| Amount: | NT$700 million
|
| Maturity: | Aug. 18, 2032
|
| Coupon: | 1.85%
|
| Price: | Par
|
| Yield: | 1.85%
|
|
|
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