Many firsts for HSBC’s S$1bn CoCo perp
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Asia

Many firsts for HSBC’s S$1bn CoCo perp

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HSBC Holdings stormed into the Singapore dollar bank capital market on June 1 with a S$1bn ($722m) additional tier one that notched up a number of firsts, as the issuer took advantage of the liquidity and stability of the currency.

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