HSBC Announces Pricing Terms For Tender Offers On Nine Series Of Notes

(Alliance News) - HSBC Holdings PLC on Tuesday announced the pricing terms for its tender offers ...

Alliance News 24 November, 2020 | 10:04PM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - HSBC Holdings PLC on Tuesday announced the pricing terms for its tender offers for nine series of notes.

The consideration for all notes is per USD1,000 principal amount and the notes are listed by descending acceptance priority level. For its 4.000% senior unsecured noted due March 2022, the consideration is USD1,050.02 and for its 2.950% senior unsecured notes due May 2021 the consideration is USD1,013.39.

For its 2.650% senior unsecured notes due January 2022 the consideration is USD1,026.64; for its 4.875% senior unsecured notes due January 2022 the consideration is USD1,052.17; for its 3.400% senior unsecured notes due March 2021 the consideration is USD1,008.81; and for its 5.100% senior unsecured notes due April 2021 the consideration is USD1,017.14.

For its floating rate senior unsecured notes due January 2022 the consideration is USD1,015.70; for its floating rate senior unsecured notes due May 2021 the consideration is USD1,008.00; and for its floating rate senior unsecured notes due March 2021 the consideration is USD1,006.10.

Shares in HSBC ended 4.1% higher at 399.65 pence in London on Tuesday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
HSBC Holdings PLC 646.20 GBX 0.25

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures