By Marisa Wong
Madison, Wis., July 10 - Hon Hai Precision Industry Co., Ltd. announced the issuance of NT$8 billion of three-year corporate bonds.
The bonds were priced at par with a coupon of 1.18%.
This is the company's third corporate bond issue of 2012.
Proceeds will be used to pay down short-term debt.
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
|
| Amount: | NT$8 billion
|
| Maturity: | 2015
|
| Coupon: | 1.18%
|
| Price: | Par
|
| Yield: | 1.18%
|
| Announcement date: | July 10
|
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