tiprankstipranks
Advertisement
Advertisement

HSBC Raises EUR3.5 Billion with New Euro-Denominated Senior Notes

Story Highlights
HSBC Raises EUR3.5 Billion with New Euro-Denominated Senior Notes

Claim 55% Off TipRanks

HSBC Holdings ( (GB:HSBA) ) just unveiled an announcement.

HSBC Holdings has issued three new series of senior unsecured notes under its Debt Issuance Programme, raising a total of EUR3.5 billion in the European bond market. The issuance comprises two large fixed-to-floating rate tranches maturing in 2031 and 2036 and a floating-rate tranche due in 2029, broadening the bank’s funding profile and appealing to investors with varying duration and rate preferences.

The notes have been admitted to trading on the Main Market of the London Stock Exchange and listed on the FCA’s Official List, reinforcing HSBC’s access to regulated capital markets. This move supports the group’s ongoing funding strategy, potentially enhancing liquidity, diversifying its investor base and underlining its standing as a frequent issuer in euro-denominated senior debt.

More about HSBC Holdings

HSBC Holdings plc is a global banking and financial services group headquartered in London, providing retail and commercial banking, wealth management, and capital markets services. The bank operates across Europe, Asia, the Americas and the Middle East, focusing on financing, treasury and risk management solutions for institutional and corporate clients.

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

Disclaimer & DisclosureReport an Issue

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
1