HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings plc announced the issuance of US$1.5 billion in 6.950% Perpetual Subordinated Contingent Convertible Securities, which are expected to be listed on the Global Exchange Market of Euronext Dublin. This move is part of HSBC’s strategy to strengthen its capital base and enhance its financial flexibility, potentially impacting its market position and stakeholder interests.
More about HSBC Holdings
HSBC Holdings plc is a prominent financial services organization, primarily engaged in banking and financial services. It operates globally, with a strong presence in both retail and commercial banking sectors, and focuses on providing a wide range of financial products and services to a diverse client base.
YTD Price Performance: 12.80%
Average Trading Volume: 23,330,429
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £157.9B
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