Hon Hai Board Approves NT$12 Billion Corporate Bond Issuance

Dec. 2 (Bloomberg) -- 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.

Link to Company News:{2317 TT <Equity> CN <GO>}

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