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HSBC to redeem $1.5 billion fixed-to-floating notes on Aug. 17
By Wendy Van Sickle
Columbus, Ohio, Aug. 2 – HSBC Holdings plc will redeem its $1.5 billion 0.732% fixed-rate/floating-rate senior notes due 2024 (Cusip: 404280CU1), according to a notice on Wednesday.
The redemption price will be par plus accrued interest to but excluding the Aug. 17 redemption date.
The investment banking company is based in London.
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