HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings has completed its tender offers for two series of subordinated notes, accepting $486 million and $609 million in notes due in 2025 and 2026, respectively. The total consideration for the accepted notes amounts to over $1 billion, with settlement scheduled for November 21, 2024. This move indicates HSBC’s strategic management of its debt portfolio.
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