tiprankstipranks
Company Announcements

HSBC Announces Redemption of US$2 Billion Senior Unsecured Notes

Story Highlights
HSBC Announces Redemption of US$2 Billion Senior Unsecured Notes

HSBC Holdings ( (GB:HSBA) ) has issued an announcement.

HSBC Holdings plc has announced the redemption of its US$2 billion 1.645% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026. The redemption will occur on April 18, 2025, at a redemption price of US$1,000 per US$1,000 principal amount, with accrued interest payable to holders of record as of April 3, 2025. This move is part of HSBC’s strategic financial management, potentially impacting its debt structure and financial obligations.

More about HSBC Holdings

HSBC Holdings plc is a global financial services company headquartered in London, United Kingdom. It operates in the banking and financial services industry, offering a wide range of products including retail banking, wealth management, and commercial banking services. HSBC has a significant market presence across various regions including Europe, Asia, and the Americas.

YTD Price Performance: 11.60%

Average Trading Volume: 25,740,207

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £156B

Find detailed analytics on HSBA stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App