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HSBC set to pass Lloyds as Europe's biggest issuer of CoCo bonds

New issues this year will bring its total close to US$10b
Friday, January 16, 2015 - 05:50


HSBC Holdings will surpass Lloyds Banking Group this year as Europe's biggest issuer of the riskiest bank bonds, say some of region's biggest debt investors.

HSBC will sell about US$4 billion of additional Tier 1 notes, a type of contingent capital bond designed to absorb

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