HSBC publishes $ 350 million bond – Newsletter website

The HSBC Group (00546) has announced that it will issue US $ 350 million, a US dollar-denominated bond with a maturity of 5.875% per annum in 2021. The offer price is 99.866% of the principal.

The Group expects a net proceeds of approximately US $ 349.6 million to be used for the development of the refinancing activities.

The Group will seek to list the bonds on the Hong Kong Stock Exchange and has issued a confirmation letter confirming that the bonds are eligible for listing.

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