HSBC to Fully Redeem US$1bn Contingent Convertible Securities in March 2026
I'm PortAI, I can summarize articles.
HSBC Holdings plc has announced the full redemption of its US$1bn 4.000% perpetual subordinated contingent convertible securities on 9 March 2026, at par value. Holders of record on 22 February 2026 will receive accrued interest until the redemption date. The securities will be delisted from the Global Exchange Market of Euronext Dublin, simplifying HSBC's capital structure. Analysts rate HSBC stock as a Hold with a £11.90 price target, while AI analysis suggests an Outperform rating due to strong financial performance and positive outlook.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments