-+ 0.00%
-+ 0.00%
-+ 0.00%
HSBC Kicks off Tender Offer for $1 Billion Convertible Securities
Share
Listen to the news
03:47 AM EST, 11/05/2026 (MT Newswires) -- HSBC Holdings (HSBA.L) launched a cash tender offer for up to $1 billion in aggregate principal amount of its outstanding $3 billion of 6% perpetual subordinated contingent convertible securities callable on May 22, 2027. The London-listed lender will pay $1,005 per $1,000 of principal amount of the securities accepted under the offer, according to a Thursday filing. The offer expires on Nov. 19.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending