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HSBC HOLDINGS Reportedly Plans to Issue US$1B in Perpetual Additional Tier 1 USD Bond
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HSBC HOLDINGS (00005.HK) plans to issue US$1 billion in perpetual additional Tier 1 USD bond, Reuters cited sources.

The offering document reportedly does not specify the issuance size, only disclosing a preliminary pricing guidance of 7.5%.

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The proceeds are intended to be used to further strengthen the capital base and for general corporate purposes.
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