March 20, 2018 / 7:12 AM / a month ago

BRIEF-HSBC announces issuance of contingent convertible securities

Reuters Staff

1 Min Read

March 20 (Reuters) - Hsbc Holdings Plc:

* ISSUANCE OF CONTINGENT CONVERTIBLE SECURITIES

* ‍HSBC HOLDINGS PLC ( “COMPANY”) INTENDS TO ISSUE FOLLOWING PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES:

* ‍US$2,250,000,000 6.250% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES

* ‍US$1,750,000,000 6.500% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES Source text for Eikon: Further company coverage: (Reporting by Ben Martin)

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