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HSBC Issues $1.5 Billion in Subordinated Unsecured Notes

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HSBC Issues $1.5 Billion in Subordinated Unsecured Notes

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An update from HSBC Holdings ( (GB:HSBA) ) is now available.

HSBC Holdings plc has announced the issuance of $1.5 billion in subordinated unsecured notes with a fixed/floating rate due in 2036. This strategic move aims to strengthen the company’s financial position and enhance its market presence, with plans to list the notes on the New York Stock Exchange, reflecting HSBC’s commitment to expanding its capital market activities.

More about HSBC Holdings

HSBC Holdings plc is a prominent player in the financial services industry, primarily offering banking and financial products and services. The company operates globally, with a significant focus on markets in Europe, Asia, the Americas, the Middle East, and Africa, providing services such as personal, commercial, and investment banking.

See more data about HSBA stock on TipRanks’ Stock Analysis page.

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