Approved the issuance of unsecured corporate bond

Summary by AI BETAClose X

Hon Hai Precision Industry Co., Ltd. announced its Board of Directors has approved the issuance of unsecured corporate bonds up to NTD50,000,000,000. The funds raised will be used for debt repayment and working capital replenishment. The face value per bond is NTD1,000,000, and the issuance price will be at par. The coupon rate will be fixed and determined at pricing, with the issuance period and tenors dependent on market conditions.

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