HSBC launches three-part dollar bond sale to fund $5 billion debt buyback

HSBC•2026-08-05

HSBC launches dollar bond sale to fund buyback

SINGAPORE, Aug. 5 (Reuters) - HSBC Holdings HSBA.L has launched a three-part U.S. dollar senior bond sale on Wednesday to help fund a planned buyback of up to $5 billion of its outstanding 2028 notes.

Here are some details:

A term sheet showed HSBC is offering fixed-to-floating rate notes due in 2032 and 2037, as well as floating-rate notes due in 2032.
The bank gave initial price guidance of about 115 basis points over U.S. Treasuries for the first 2032 tranche and 135 basis points for the 2037 notes.
The deal is expected to settle on August 14.
HSBC is the sole book-runner.

HSBC launches three-part dollar bond sale to fund $5 billion debt buyback

HSBC launches dollar bond sale to fund buyback

Related News

GM renews China joint venture with SAIC for 20 years after restructuring

Maplight Therapeutics CSO Lillie James Woodruff sells 22,082 shares for $276,908.28

OpenAI, Anthropic AI agents implicated in new security breaches

Mattel maintains annual forecasts, misses quarterly profit estimate as higher costs squeeze margins

Waters Corp <WAT.N>: JP Morgan raises target price to $400 from $370