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HSBC starts marketing US dollar AT1
May 24, 2016 / 7:01 AM / a year ago

HSBC starts marketing US dollar AT1

LONDON, May 24 (IFR) - HSBC has started marketing a US dollar perpetual non-call five Additional Tier 1 bond, according to the bank.

Initial price thoughts have been set at 7.25% area.

HSBC is sole bookrunner.

Reporting by Helene Durand, editing by Julian Baker

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