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Published on 12/6/2016 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

New Issue: HSBC Holdings prices C$1 billion of 3.196% seven-year senior notes

By Cristal Cody

Eureka Springs, Ark., Dec. 6 – HSBC Holdings plc priced C$1 billion of 3.196% seven-year senior notes (A1/A/DBRS: AA), according to a 6-K filing with the Securities and Exchange Commission on Tuesday.

HSBC Holdings will apply to have the notes trade on the London Stock Exchange.

The banking and financial services group is based in London.

Issuer:HSBC Holdings plc
Amount:C$1 billion
Description:Senior notes
Maturity:2023
Coupon:3.196%
Trade date:Dec. 5
Ratings:Moody’s: A1
S&P: A
DBRS: AA
Listing:London Stock Exchange

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