HSBC to Raise $8.5 Million With Equity-Linked Note in Australia
Stock Chart for HSBC Holdings PLC (HSBA)
“We would be disappointed if we didn’t raise between A$5 to A$8 million,” Ian Collins, Sydney-based head of sales for global markets at HSBC Bank Australia Ltd., a unit of HSBC, said in a telephone interview on Jan. 31.
The product, called 100+ Series International Equity Investment, is linked to the S&P/ASX 200, Swiss Market Index, MSCI Singapore Free Index, and Taiwan TAIEX Index, according to an HSBC statement detailing the offering.
For Related News and Information:
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.