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HSBC to redeem £900 million subordinated fixed-to-floaters Oct. 18
By Marisa Wong
Morgantown, W.Va., Sept. 6 – HSBC Holdings plc issued a notice of redemption for its £900 million callable subordinated fixed-to-floating notes due October 2022, according to a 6-K filing with the Securities and Exchange Commission.
The notes will be redeemed on Oct. 18 at par plus accrued interest to the redemption date.
The financial services company is based in London.
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