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HSBC to redeem $3 billion of notes due 2025 from two series on March 11
By Wendy Van Sickle
Columbus, Ohio, Jan. 25 – HSBC Holdings plc plans to redeem its $2.5 billion 3.803% fixed-rate/floating-rate senior notes due 2025 (Cusip: 404280BZ1) and $500 million of floating-rate senior notes due 2025 (Cusip: 404280CA5) on March 11, according to a notice.
The redemption price will be par plus accrued interest to but excluding the redemption date.
Bank of New York Mellon, London Branch is the trustee.
The investment banking company is based in London.
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