Hon Hai Precision trims conversion price of bonds due 2026

By Mary-Katherine Stinson

Lexington, Ky., July 10 – Hon Hai Precision Industry Co., Ltd. adjusted the conversion price of its overseas convertible bonds due 2026, according to a notice.

The conversion price for the 2026 bonds was lowered to NT$147.932 per share from NT$155.448.

The new conversion price took effect on July 10.

The adjustments were triggered by a declaration of cash dividends.

Hon Hai Precision is a Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures.

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