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HSBC to redeem $1 billion fixed-to-floating notes on Nov. 22
By William Gullotti
Buffalo, N.Y., Oct. 20 – HSBC Holdings plc issued redemption notices to holders of its $1 billion 3.033% fixed-rate/floating-rate senior notes due 2023 (Cusip: 404280BM0), according to a notice on Thursday.
The redemption price will be par plus accrued interest to but excluding the Nov. 22 redemption date.
The investment banking company is based in London.
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