MREL tenders ‘logical next step’ for banks

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Senior Debt

MREL tenders ‘logical next step’ for banks

Tyler Davies
May 28, 2020 07:00 PM
HSBC_Bank_PA_575x375_280520
A logo sign outside of a HSBC Bank branch in Silver Spring, Maryland on May 23, 2020. (Photo by Kristoffer Tripplaar/Sipa USA) | Kris Tripplaar/SIPA USA/PA Images

HSBC Holdings is the latest European financial institution to have looked at launching a new deal for the minimum requirements for own funds and eligible liabilities (MREL) while simultaneously announcing tender offers on existing bonds.

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Deutsche BankSenior DebtUKEuropeEMEAHSBCFIG
TD
Tyler Davies
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