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Dixon Tech issues $220 mn guarantee to Lenovo for Padget Electronics div

Electronic manufacturing services major Dixon Technologies (India) on Friday said it has issued a continuing and irrevocable corporate guarantee of USD 220 million (about Rs 2,101 crore) on behalf of its subsidiary, Padget Electronics, in favour of Lenovo Ireland International Ltd. The guarantee aims to ensure that Padget Electronics discharges all its payment obligations towards Lenovo Ireland for the purchase of raw materials, parts, and components required for manufacturing its products, the…

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Business StandardCenter·1h ago
Dixon Tech issues $220 mn guarantee to Lenovo for Padget Electronics div
Electronic manufacturing services major Dixon Technologies (India) on Friday said it has issued a continuing and irrevocable corporate guarantee of USD 220 million (about Rs 2,101 crore) on behalf of its subsidiary, Padget Electronics, in favour of Lenovo Ireland International Ltd. The guarantee aims to ensure that Padget Electronics discharges all its payment obligations towards Lenovo Ireland for the purchase of raw materials, parts, and components required for manufacturing its products, the…
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Dixon Tech issues $220 mn guarantee to Lenovo for Padget Electronics div

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Dixon Tech issues $220 mn guarantee to Lenovo for Padget Electronics div

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