Foxconn Singapore Prices EUR650 Million Corporate Bond

Hon Hai Precision Industry ( (HNHPF) ) has issued an announcement.

Foxconn Singapore Pte Ltd, a subsidiary of Hon Hai Precision Industry, has successfully priced a corporate bond worth EUR650 million under its Medium-Term Note programme. The bond, which is guaranteed by the parent company, has a six-year tenor and a fixed interest rate of 3.125%. This move is expected to enhance Foxconn’s financial flexibility and strengthen its market position, potentially impacting shareholder rights and securities pricing.

More about Hon Hai Precision Industry

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading player in the electronics manufacturing industry. The company is renowned for its production of electronic components and products, including consumer electronics, communication devices, and computer components. Foxconn operates globally, serving major technology companies and focusing on innovation and efficiency in manufacturing processes.

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