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Foxconn aims to raise US$1bn EMTNs

Connectivity BusinessbyConnectivity Business
September 20, 2016
in Financing
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Taiwanese handset manufacturer and mobile operator Foxconn is planning to raise US$1bn in corporate bonds to fund its capital expenditure. In a filing with the Taiwan Stock Exchange, Foxconn said its subsidiary Foxconn (Far East) will issue US$600m worth of five-year euro medium-term notes (EMTNs). It added that it will also issue another batch of US$400m 10-year EMTNs. Taiwanese handset manufacturer […]

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