HSBC launches TLAC tender and senior bond
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HSBC launches TLAC tender and senior bond

HSBC_Adobe_575x375_26June2020

HSBC Holdings has launched a tender offer for nine short-dated senior securities in dollars as it looks to optimise its liability structure for the total loss-absorbing capacity (TLAC) requirements. The announcement followed a dual-tranche senior deal in the same currency.

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