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HSBC calls $2 billion 0.976% fixed-rate/floating-rate notes due 2025
By Mary-Katherine Stinson
Lexington, Ky., April 12 – HSBC Holdings plc has elected to redeem in full its $2 billion 0.976% fixed-rate/floating-rate senior notes due 2025 (Cusip: 404280CS6), according to a 6-K filing with the Securities and Exchange Commission.
The notes will be redeemed on May 24 at par plus accrued interest from Nov. 24 to, but excluding, the redemption date.
The record date is May 9.
Bank of New York Mellon, London Branch, is the trustee, and HSBC Bank USA, NA is the paying agent and registrar.
The financial services group is based in London.
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