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IN BRIEF: HSBC partially buys back six series of subordinated notes

15th Nov 2022 14:03

HSBC Holdings PLC - Asia-focused lender - Announces results of tender offer for six outstanding series of subordinated notes due between 2023 and 2046.

HSBC buys back GBP164.6 million of GBP300.0 million in 6.5% notes due July 2023 and USD120.4 million of USD300.0 million in 7.65% notes due May 2025. The bank buys back GBP288.8 million of GBP350.0 million in 5.375% notes due November 2030 with a call date of November 4, 2025.

HSBC buys back GBP343.3 million of GBP500.0 million in 5.375% notes due August 2033, GBP154.6 million of GBP 225.0 million in 6.25% notes due January 2041, and GBP362.8 million of GBP600.0 million in 4.750% notes due March 2046.

Current stock price: 480.90 pence, up 0.1% on Tuesday

12-month change: up 10%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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