Financing ·
HSBC accepts $4.9B of senior unsecured notes due 2028 in tender offer, retires debt after pricing $6.75B in new securities
HSBCHSBC Holdings PLC
HSBC Holdings plc announced the results of tender offers for four series of senior unsecured notes due in 2028, accepting $4.9 billion in aggregate principal amount for a total consideration of approximately $4.9 billion. The company increased its maximum tender capacity to $6.75 billion and satisfied new issuance conditions by pricing $6.75 billion in new debt securities. Payment is scheduled for August 17, 2026, with accepted notes cancelled and retired. HSBC Holdings plc operates as a global banking and financial services organization.