| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2022 > News item |
HSBC Holdings to redeem S$1 billion 4.7% CoCo securities June 8
By Mary-Katherine Stinson
Lexington, Ky., May 5 – HSBC Holdings plc will redeem all outstanding S$1 billion 4.7% perpetual subordinated contingent convertible securities (ISIN: XS1624509300) on the resettable securities’ interest payment date of June 8, according to a notice.
The securities will be redeemed at S$250,000 per calculation amount plus accrued interest from the previous resettable interest payment date of Dec. 8 to but not including the redemption date.
HSBC is a London-based bank.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.