PR Newswire via NewsMotion·
HSBC HOLDINGS PLC ANNOUNCES TENDER OFFER FOR ONE SERIES OF SECURITIES
HSBC Holdings plc has launched a tender offer to purchase up to $1 billion of its outstanding securities.
HSBC Holdings plc has announced a tender offer to purchase up to $1 billion of its 6.000% Perpetual Subordinated Contingent Convertible Securities.
The offer is subject to terms and conditions, including a maximum tender amount, and is being undertaken to manage the company's Tier 1 capital base.
The offer will expire on November 19, 2026, unless extended or terminated, with a settlement date expected on November 24, 2026.
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