HSBC US$ perpNC7 AT1 IPTs at 7.5% area: IFR
HSBC Holdings is marketing a US dollar perpetual non-call seven Additional Tier 1 bond at initial price thoughts of 7.5% area. The SEC-registered bonds will be rated Baa3/BBB (Moody's/Fitch), while the issuer is rated A3/A–/A+. The …