Subsidiary Foxconn Singapore Pte Ltd Completes Pricing of JPY 101.9 Billion Corporate Bonds
Original: 代子公司Foxconn Singapore Pte Ltd公告日圓1,019億元 普通公司債定價完成
Summary
Hon Hai Precision announced on behalf of its subsidiary Foxconn Singapore Pte Ltd that pricing has been completed for ordinary (unsecured) corporate bonds denominated in Japanese yen totalling JPY 101.9 billion (approximately USD 680 million at prevailing rates). This is a material capital-markets transaction — yen-denominated bond issuance at this scale signals deliberate currency-matched funding, potentially to offset JPY-denominated costs or tap Japanese institutional demand. Full body available on MOPS.
Full Translation
On behalf of its subsidiary Foxconn Singapore Pte Ltd, Hon Hai Precision (2317) announces that pricing has been completed for ordinary corporate bonds (普通公司債) denominated in Japanese yen totalling JPY 101.9 billion (1,019億円). The bonds are issued by Foxconn Singapore Pte Ltd, a Singapore-incorporated subsidiary of the Hon Hai group. 'Ordinary corporate bonds' in Taiwan disclosure convention refers to plain unsecured straight bonds, as distinct from convertible bonds or secured instruments. The parent company (Hon Hai) is filing this announcement on the subsidiary's behalf as required under TWSE material-information rules when a listed company's subsidiary completes a significant financing. [Body not available — subject line only. See MOPS for full announcement.]