HSBC Holdings Announces Cash Purchase Offer for Notes
Company Announcements

HSBC Holdings Announces Cash Purchase Offer for Notes

HSBC Holdings (GB:HSBA) has released an update.

HSBC Holdings plc has announced an invitation to purchase two series of notes for cash, specifically the EUR 1 billion 0.309% Fixed to Floating Rate Notes due 2026 and the EUR 1.25 billion 2.50% Notes due March 2027. The buyback offer is contingent on certain conditions and is detailed in the Tender Offer Memorandum, with restrictions on distribution and offers. Noteholders are invited to tender their notes, with the purchase price including accrued interest.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

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