By Wendy Van Sickle
Columbus, Ohio, Jan. 10 – Hon Hai Precision Industry Co., Ltd. priced a combined NT$11.4 billion of bonds in three tranches, according to a notice.
The issuer sold NT$900 million of three-year series A bonds at par to yield 1.68%.
Hon Hai also priced NT$9.3 billion of five-year series B bonds at par to yield 1.8%.
In addition, the company priced NT$1.2 billion of 10-year series C bonds at par to yield 1.9%.
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$11.4 billion
|
| Issue: | Corporate bonds, 2020 first issue
|
| Announcement date: | Jan. 10
|
| Settlement date: | Jan. 11
|
|
|
| Series A bonds
|
| Amount: | NT$900 million
|
| Maturity: | Jan. 11, 2027
|
| Coupon: | 1.68%
|
| Price: | Par
|
| Yield: | 1.68%
|
|
|
| Series B bonds
|
| Amount: | NT$9.3 billion
|
| Maturity: | Jan. 11, 2029
|
| Coupon: | 1.8%
|
| Price: | Par
|
| Yield: | 1.8%
|
|
|
| Series C bonds
|
| Amount: | NT$1.2 billion
|
| Maturity: | Jan. 11, 2034
|
| Coupon: | 1.9%
|
| Price: | Par
|
| Yield: | 1.9%
|
|
|
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