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Hon Hai Precision Industry ( (HNHPF) ) just unveiled an announcement.
Hon Hai Precision Industry Co., Ltd announced the issuance of its first unsecured corporate bonds in three series, A, B, and C, with a combined total of NTD 9.2 billion. These bonds, with tenors of 5, 7, and 10 years respectively, offer fixed annual interest rates ranging from 1.98% to 2.05% and are priced at par. This strategic financial maneuver is likely aimed at boosting liquidity and funding future operations, potentially strengthening Hon Hai’s position in the competitive electronics manufacturing sector and providing investors with stable returns.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd, also known as Foxconn, is a prominent player in the electronics manufacturing industry. It is renowned for producing a wide range of electronic products and components, serving a global market with a focus on innovation and large-scale manufacturing capabilities.
YTD Price Performance: -0.88%
Average Trading Volume: 54,260
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $76.13B
Learn more about HNHPF stock on TipRanks’ Stock Analysis page.
