19th Dec 2007 13:00
HSBC Holdings PLC19 December 2007 SALE OF INTEREST IN INFRASTRUCTURE PROJECT HSBC Infrastructure Limited, a wholly owned subsidiary of HSBC Holdings plc, hasagreed to sell loan notes and fully paid ordinary A shares representing 14.14per cent of the issued share capital of AGP Holdings (1) Limited, the holdingcompany for the Home Office PFI Project, to HSBC Infrastructure Company Limited,(HICL) for £14.4 million in cash. HICL is a long term investor in infrastructure projects which are predominantlyin their operating phase and yielding steady returns. HICL is not owned orcontrolled by the HSBC Group but HSBC Specialist Fund Management Limited, awholly owned subsidiary of HSBC Holdings plc, is its investment adviser. Note to editors HSBC Holdings plc HSBC Holdings plc serves over 125 million customers worldwide through around10,000 offices in 83 countries and territories in Europe, the Asia-Pacificregion, the Americas, the Middle East and Africa. With assets of some US$2,150billion at 30 June 2007, HSBC is one of the world's largest banking andfinancial services organisations. HSBC is marketed worldwide as 'the world'slocal bank'. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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