HSBC Holdings Issues New Convertible Securities
Company Announcements

HSBC Holdings Issues New Convertible Securities

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

HSBC Holdings plc has announced the issuance of $1,350,000,000 and $1,150,000,000 Perpetual Subordinated Contingent Convertible Securities, set to be admitted to Euronext Dublin’s trading platform within 30 days of their issue date on September 11, 2024. The securities are part of an effective shelf registration statement filed with the SEC, and interested parties can obtain detailed information from the SEC website or directly from the company. This financial move aims to bolster HSBC’s capital structure and offer investors a new opportunity to engage with the global financial services provider.

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

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