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
Only worry if no one wants it.
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.
Investopedia explains Rights Offering (Issue)
Rights are often transferable, allowing the holder to sell them on the open market.
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