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marketsGlobal

HSBC to issue .5 billion of contingent convertible bonds

(Reuters) · Business Recorder · Business & FinanceRead original ↗

HSBC , Europe’s largest bank, said on Friday it plans to issue . 5 billion of perpetual subordinated contingent convertible securities to strengthen its capital base and for general corporate purposes.

HSBC to issue

.5 billion of contingent convertible bonds
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