HSBC Holdings (HKG:0005) will redeem all the $2 billion 1.645% fixed rate/floating rate senior unsecured bonds due 2026, which the lender issued on Aug. 26, 2009, according to a Monday filing with the Hong Kong bourse.
The British lender will redeem the securities on April 18 at $1,000 for each equivalent principal amount of the bonds.
All accrued but unsettled interest from Oct. 18, 2024, until the redemption date will be paid to security holders on record as of April 3, 2025.
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