HSBC sets redemption price at $1,023.55 per $1,000 principal for Nov. 9 debt redemption
HSBC•HSBC set a make-whole redemption price of $1,023.55 per $1,000 principal for the full redemption of $1.28 billion in notes on Nov. 9, 2026. Accrued interest from Nov. 3 to, but excluding, the redemption date is also payable.
1. Redemption terms
HSBC will redeem all $1.28 billion outstanding of its 7.39% Fixed Rate/Floating Rate Senior Unsecured Notes due 2028 on Nov. 9, 2026, at a make-whole price of $1,023.55 per $1,000 principal amount. Accrued interest from Nov. 3 to, but excluding, the redemption date is also payable, and interest will cease accruing on that date.
