HSBC Issues $1.41 Billion Subordinated Notes Due 2036

MT Newswires Live
19 May

HSBC (HSBC) said Monday it issued 1.25 billion euros ($1.41 billion) of resettable subordinated notes due 2036, bearing an interest rate of 4.191%.

The offering was made under the company's Debt Issuance Programme, according to a statement.

HSBC said it will apply to list the unsecured subordinated notes on the Official List of the Financial Conduct Authority and to trade them on the London Stock Exchange's Main Market.

Price: 59.27, Change: +0.40, Percent Change: +0.67

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