Tag: Capital raising

HSBC, also known as 0005, recently announced its plan to issue S$1.5 billion in perpetual subordinated contingent convertible securities at a rate of 5.25 percent per annum. The company stated that the net proceeds...

Manulife Financial Corporation has announced that they will be issuing S$500 million in 4.275% subordinated notes due in 2034. This offering will take place in Singapore and will qualify as Tier 2 capital for...