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Prospect News home > News index > List of issuers Tenders > Headlines for 2016 > News item
Published on 1/18/2016 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

HSBC Bank Canada calls C$200 million 4.94% subordinated debentures

New York, Jan. 18 – HSBC Bank Canada said it will redeem all C$200 million of its 4.94% subordinated debentures due March 16, 2021.

Holders will receive par plus accrued interest up to the redemption date of March 16.

The issuer will finance the redemption using general corporate funds.

HSBC Bank Canada is a Vancouver, B.C.-based subsidiary of London-based banking and financial services group HSBC Holdings plc.


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