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HSBC Holdings ( (GB:HSBA) ) just unveiled an announcement.
HSBC Holdings plc has announced the redemption of its US$1,750,000,000 2.999% Fixed Rate/Floating Rate Senior Unsecured Notes and US$500,000,000 Floating Rate Senior Unsecured Notes, both due in 2026. The redemption will be executed on March 10, 2025, with a redemption price of US$1,000 per US$1,000 principal amount, alongside payment of any accrued but unpaid interest. This strategic financial move might impact HSBC’s debt structure and influence its financial strategy, potentially affecting stakeholders, including bondholders and investors, by altering the company’s liabilities and financial commitments.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization, headquartered in London, United Kingdom. It offers a range of services including personal, commercial, and investment banking, as well as wealth management products, catering to both individual and corporate clients globally.
YTD Price Performance: 7.69%
Average Trading Volume: 23,190,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £151B
For a thorough assessment of HSBA stock, go to TipRanks’ Stock Analysis page.