HSBC Holdings ( (GB:HSBA) ) just unveiled an announcement.
HSBC Holdings plc announced its intention to issue SGD800,000,000 worth of 5.000% Resettable Perpetual Subordinated Contingent Convertible Securities on 24 March 2025. These securities are part of the company’s broader strategy to strengthen its capital base and will be listed on the Global Exchange Market of Euronext Dublin. The issuance reflects HSBC’s ongoing efforts to maintain robust financial health and enhance its market position, potentially impacting stakeholders by offering new investment opportunities.
More about HSBC Holdings
HSBC Holdings plc is a prominent financial services organization, primarily engaged in banking and financial services. It operates globally, offering a wide range of services including retail banking, wealth management, commercial banking, and global banking and markets. The company is headquartered in London, United Kingdom, and is incorporated in England and Wales.
YTD Price Performance: 14.08%
Average Trading Volume: 25,964,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £158.9B
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