Brief: HSBC Announces Tender Offer For Up To $1 Billion Principal Amount
05/11/2026 06:28
BRIEF-HSBC Announces Tender Offer For Up To $1 Billion Principal Amount Nov 5 (Reuters) - HSBC 0005.HK:
ANNOUNCES TENDER OFFER FOR UP TO $1 BILLION PRINCIPAL AMOUNT
OFFER TARGETS $3 BILLION 6.000% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES
OFFER LAUNCH EXPECTED NOVEMBER 5, 2026 AT 10:00 A.M. NEW YORK CITY TIME
EXPECTS TO LAUNCH NEW ISSUANCE OF PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES
EXPECTED OFFER WILL BE FINANCED WITH CASH ON HAND
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