HSBC Continental Europe: Post Stabilisation Notice
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HSBC Continental Europe announced that no stabilisation was undertaken for the securities offered by Banque Fédérative du Crédit Mutuel. The securities have an aggregate nominal amount of EUR 1.25 billion with a 3.25% interest rate due in 2031.
November 15, 2024 | 8:15 am
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HSBC Continental Europe, acting as the stabilising manager, did not undertake any stabilisation for the EUR 1.25 billion securities offer by Banque Fédérative du Crédit Mutuel.
The announcement indicates that HSBC Continental Europe was involved as a stabilising manager but did not perform any stabilisation actions. This is a neutral event as it does not directly impact HSBC's financials or operations.
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