Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-' - S&P Global Ratings’ Credit Research

Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-'

Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-' - S&P Global Ratings’ Credit Research
Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-'
Published Oct 11, 2010
891 words — Published Oct 11, 2010
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Abstract:

TAIPEI (Standard&Poor's) Oct. 11, 2010--Standard&Poor's Ratings Services today assigned its 'A-' issue rating to Hon Hai Precision Industry Co. Ltd.'s (Hon Hai, A-/Stable/--) proposed US$1 billion European convertible bonds due 2013. The rating on the bonds is subject to finalization of documentation. The rating on Hon Hai reflects the company's strong competitive position in the global electronics manufacturing services (EMS) industry, low cost, unrivalled vertically integrated production model, and modest debt usage. The company's increasing business risks associated with the global contract EMS industry and continuing margin pressures partly constrain the ratings.

  
Brief Excerpt:

RESEARCH Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-' Publication date: 11-Oct-2010 Primary Credit Analyst: Raymond Hsu, CFA, Taipei (8862) 8722-5827; raymond_hsu@taiwanratings.com.tw...

  
Report Type:

Ratings Action

Ticker
2317@TT
Issuer
Hon Hai Precision Industry Co. Ltd.
GICS
Electronic Manufacturing Services (45203020)
Sector
Global Issuers
Country
Taiwan
Region
Emerging Markets
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-'" Oct 11, 2010. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hon-Hai-Precision-Industry-Co-Ltd-s-Proposed-US-1-Billion-European-Convertible-Bonds-Due-2013-Rated-A-825266>
  
APA:
S&P Global Ratings’ Credit Research. (). Hon Hai Precision Industry Co. Ltd.'s Proposed US$1 Billion European Convertible Bonds Due 2013 Rated 'A-' Oct 11, 2010. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hon-Hai-Precision-Industry-Co-Ltd-s-Proposed-US-1-Billion-European-Convertible-Bonds-Due-2013-Rated-A-825266>
  
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