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HSBC confirms no stabilisation for Sirius Real Estate bond tap
HSBC Continental Europe announced that no stabilisation was undertaken for the tap of Sirius Real Estate Ltd. bonds. The offering comprised a tap of EUR 35,100,000 of 1.75% notes due November 2028 and a tap of EUR 150,000,000 of 4% notes due January 2032. The offer prices were 95.905% and 97.849% respectively. HSBC Continental Europe, Barclays, and BNP Paribas were named as stabilising managers.