tiprankstipranks
Advertisement
Advertisement

Hon Hai Launches Multi-Tranche Bond Offering

Hon Hai Launches Multi-Tranche Bond Offering

Hon Hai Precision Industry (HNHPF) has released an update.

Claim 30% Off TipRanks

Hon Hai Precision Industry Co., Ltd. has announced the issuance of its 3rd series of unsecured corporate bonds for 2024, with three tranches A, B, and C totaling NTD 12.3 billion. Tranche A bonds have a 5-year maturity and a 1.96% fixed annual interest rate, tranche B bonds have a 7-year maturity and a 2.00% interest rate, while the 10-year tranche C bonds offer a 2.05% rate. All bonds will repay the principal at maturity and distribute interest annually.

For further insights into HNHPF stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1