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HSBA Hsbc Holdings Plc

663.60
1.70 (0.26%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hsbc Holdings Plc LSE:HSBA London Ordinary Share GB0005405286 ORD $0.50 (UK REG)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.70 0.26% 663.60 663.70 663.80 665.80 661.10 663.10 15,524,054 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-bank Holding Company 65.91B 23.53B 1.2338 22.65 533.13B

EIB Hires Banks for Debut SONIA-Linked Floating-Rate Note

18/06/2018 12:26pm

Dow Jones News


Hsbc (LSE:HSBA)
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From Apr 2019 to Apr 2024

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   By Emese Bartha 
 

The European Investment Bank has mandated HSBC Holdings PLC (HSBA.LN), NatWest Markets, RBC CM and TD Securities to explore an opportunity to launch a benchmark floating-rate note denominated in British pounds, one of the lead-manager banks said Monday in a deal announcement.

The note would be linked to SONIA, the effective reference overnight rate for unsecured transactions in the sterling market.

The issuance would likely be launched and priced in the near future, subject to market conditions, according to the lead-manager bank.

The EIB is a frequent issuer in a broad range of currencies. However, this would be the first benchmark SONIA floating-rate note and could pave the way for future SONIA-linked issuances.

 

Write to Emese Bartha at emese.bartha@wsj.com

 

(END) Dow Jones Newswires

June 18, 2018 07:11 ET (11:11 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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