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OAG 02-22-2009 03:56 PM

HSBC
 
Maybe someone can explain if depositors here should be concerned based on this article regarding HSBC: HSBC considers $20bn cash call from investors - Business News, Business - The Independent

dex 02-22-2009 05:30 PM

Only worry if no one wants it.

https://www.investopedia.com/terms/r/rightsoffering.asp

What Does Rights Offering (Issue) Mean?

Issuing rights to a company's existing shareholders to buy a proportional number of additional securities at a given price (usually at a discount) within a fixed period.
https://i.investopedia.com/inv/092009...y/inv_icon.jpg
Investopedia explains Rights Offering (Issue)
Rights are often transferable, allowing the holder to sell them on the open market.


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