HSBC says sold $1.5 bln in subordinated notes

Tue May 27, 2008 9:41pm EDT
 
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HONG KONG, May 28 (Reuters) - HSBC (HSBA.L), Europe's biggest lender, said on Wednesday it had sold $1.5 billion in 6.8 percent subordinated notes, according to a statement to the Hong Kong stock exchange.

HSBC (0005.HK) added it had applied to list the new notes on the New York Stock Exchange, but provided no further details. (Reporting by Rafael Nam; Editing by Anne Marie Roantree)

 
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