Subsidiary FII Issue of Debt

Hon Hai Precision Industry Co Ld
12 May 2023
 

Subject: Anoucement of subsidiary FII convening the board of directors about the Issuance of Corporate Bonds

Date of events:2023/05/12

Contents:

1.Date of the board of directors resolution:2023/05/12

2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: Corporate Bonds

3.Whether to adopt shelf registration (Yes/No):Yes

4.Total amount issued: Not exceed RMB 6 billions (including 6 billions)

5.Face value per bond: RMB 100

6.Issue price: At Par

7.Issuance period:

To be determined; The duration of the bonds issued hereunder will be no more than 5 years. The bonds can be either a single or a mixed term structure.

8.Coupon rate:

The coupon rate of the bonds is fixed and is taken allotment method

towards qualified investors. The coupon rate will be determined by the

issuer and the underwriter in accordance with relevant national

regulations in accordance with the results of inquiry.

9.Types, names, monetary values and stipulations of collaterals: NA

10.Use of the funds raised by the offering and utilization plan:

After deducting the issuance expenses, the proceeds from the issuance

of the Corporate Bonds will be used to supplement working capital, replace

outstanding interest-bearing liabilities , and other purposes that

complied with the national laws and regulations.

11.Underwriting method: To be determined

12.Trustees of the corporate bonds: To be determined

13.Underwriter or agent: To be determined

14.Guarantor(s) for the issuance: NA

15.Agent for payment of the principal and interest: To be determined

16.Certifying institution: NA

17.Where convertible into shares, the rules for conversion: NA

18.Sell-back conditions: NA

19.Buyback conditions: NA

20.Reference date for any additional share exchange, stock swap, or subscription: NA

21.Possible dilution of equity in case of any additional share exchange,

stock swap, or subscription: NA

22.Any other matters that need to be specified:

This proposal still needs to be submitted to FII shareholders' meeting for approval; After approved by FII shareholders' meeting, it is valid within 24 months after the date of approval.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings