HSBC Bank Canada Monday announced its intention to redeem all $100 million of its 4.39% subordinated debentures due Jan. 21, 2015.
The debentures will be redeemed at 100% of their principal amount plus accrued interest to the redemption date.
The redemption will occur on Jan. 21, 2010 and will be financed out of the general corporate funds of HSBC Bank Canada.
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