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HSBC to list US$20B note program on Stock Exchange of Hong Kong

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HSBC to list US$20B note program on Stock Exchange of Hong Kong

Hongkong & Shanghai Banking Corp. Ltd. plans to list a US$20 billion medium-term note program on the Stock Exchange of Hong Kong.

Under the program, the bank will issue debt to professional investors.

The listing of the program is expected to come into effect March 14. The bank is the sole program arranger and dealer for the note program.

Hongkong & Shanghai Banking Corp. is a unit of HSBC Holdings PLC.