Foxconn Singapore, a subsidiary of Hon Hai Precision Industry (TPE:2317), d/b/a Foxconn, has priced 101.9 billion yen worth of corporate bonds under its medium‑term bonds program, according to a Friday Taiwan Exchange filing.
The offering comprises 65.7 billion three-year bonds at a fixed interest rate of 2.92%, and 36.2 billion yen of five-year bonds at a fixed rate of 3.28%, the filing said.
China Merchants Shekou Industrial Zone (SHE:001979) on Sept. 7 will pay annual interest on its 4.0 billion yuan corporate bonds.These include 2.5 billion yuan of bonds carrying a 2.25% coupon rate and 1.5 billion yuan of bonds carrying a 2.35% coupon rate, according to a Thursday aftermarket filing with the Shenzhen bourse.Shares of the property developer rose 4% in recent trade.
Shenwan Hongyuan (SHE:000166, HKG:6806) said its 800 million yuan bonds issued in 2023 are set for delisting on Sept. 7 following final redemption, according to a Shenzhen bourse filing on Thursday.The three-year bond, which has a coupon rate of 2.85%, is set to mature and be redeemed on Saturday, Sept. 5.An interest of 28.50 yuan for every 10 bonds will be paid to bondholders, but the value will decrease to 22.80 yuan after tax withholding.The Chinese securities brokerage's Hong Kong shares rose 3%, while Shenzhen shares rose 1% during Friday's morning trade.
Bank of Hangzhou (SHA:600926) has completed a 15 billion yuan bond issuance, according to a Friday disclosure with the Shanghai Stock Exchange.The offering comprises two series: a 13 billion yuan tranche carrying a three-year term with a coupon rate of 1.57%, and a three-year second tranche valued at 2 billion yuan with an initial coupon rate of 1.61% linked to the one-year loan prime rate.Proceeds will be used for its lending operations and other purposes.The lender's shares rose 1% during the morning trade.