HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings has announced a full redemption of its US$2,250,000,000 6.375% Perpetual Subordinated Contingent Convertible Securities set for September 17, 2024. The redemption price is set at US$1,000 per US$1,000 principal amount, including accrued but unpaid interest up to the redemption date. This action aligns with the terms set out in the securities’ governing indenture.
For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.
