HSBC’s S$675m tier two feeds hungry investors after AT1 call

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HSBC’s S$675m tier two feeds hungry investors after AT1 call

Atanas Dinov
September 12, 2023 04:14 PM
06.02.2019, Singapore, Republic of Singapore, Asia - A view of the HSBC banking building in the business district. To the left of it you can see a part of the Fullerton Hotel. [automated translation]

◆ Deal precedes redemption of AT1 and exacerbates shortage of paper in the currency ◆ Issuer locks in ‘very good’ arb ◆ HSBC’s third trade this week follows sterling covered and senior bonds

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Atanas Dinov
Bank Finance Editor
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