Hon Hai’s Board of Directors Approves Issuance of Unsecured Corporate Bonds Up to NT$60 Billion
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Author:小编   

On September 22 (with the timeframe adjusted to reflect the most recent and relevant news available), Hon Hai Precision Industry Co., Ltd.’s board of directors made a resolution to issue unsecured corporate bonds with a total principal amount not exceeding NT$60 billion. These bonds may be issued in one or several tranches. The proceeds from the bond issuance will be utilized primarily for repaying existing liabilities and replenishing working capital. The specific terms of issuance, including the maturity period and coupon rate, will be determined in accordance with prevailing market conditions.