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HSBC USA files $2.31 billion shelf
By Ted A. Knutson
Washington, Aug. 16 - HSBC USA Inc. filed a nearly $2.31 billion shelf registration with the Securities and Exchange Commission. The shelf includes $307.50 million of previously registered securities.
The S-3 filing allows the company to issue preferred stock, debt securities and depositary shares. Securities may be issued in the form of convertibles.
The New York-based bank holding company said offerings authorized by the shelf would be used for general corporate purposes.
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