HSBC Rolls Out $50 Bln ABCP And MTN Program

29 Feb 2008

HSBC is set to issue asset-backed commercial paper and medium term notes worth up to $50 billion.

--Cristina Pittelli

HSBC is set to issue asset-backed commercial paper and medium term notes worth up to $50 billion. Assets in Mazarin Funding will include both U.S. and non U.S. residential mortgage-backed securities, auto loans, credit cards, and collateralized debt obligations. HSBC will provide an initial full liquidity facility ...

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