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Hon Hai Board Approves NT$12 Billion Corporate Bond Issuance

Hon Hai Precision Industry Co.’s board approved plans to issue up to NT$12 billion in corporate bonds to pay off debt and fund working capital, the Taipei-based company said in an exchange filing today.

To contact the reporter on this story: Tim Culpan in Taipei at tculpan1@bloomberg.net

To contact the editor responsible for this story: Anand Krishnamoorthy at anandk@bloomberg.net

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