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    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
  Report
Delayed Quote. Delayed London Stock Exchange - 08/02 11:37:19 am
396.3 GBX   -0.29%
05:19pFinancial Shares Move Higher -- Financials Roundup
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04:09pADRs Close Higher; HSBC Trades Actively
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03:02pHSBC HLDGS : Credit Suisse reiterates its Neutral rating
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HSBC Offers Sustainability-Linked Loans to US Companies

06/17/2021 | 04:05am EDT

By Dieter Holger

The U.S. arm of HSBC Holdings PLC started offering sustainability-linked loans to its commercial banking clients, tapping into a growing market that finances increasingly ambitious environmental, social and governance goals at corporations.

HSBC Bank USA said late Wednesday that the terms of the loans will be linked to pre-determined sustainability targets and companies that meet the goals will pay lower interest. The loans follow the Sustainability Linked Loan Principles set by the Loan Market Associations.

Debt that supports aims such as greenhouse-gas emission cuts, renewable-energy use, water conservation and workforce diversity has increased as companies work to attract investors and meet mounting regulations. Borrowers can often get sustainability-linked loans with interest rates below the normal market.

ESG-linked loans reached close to $96.3 billion in the first quarter of 2021, up from nearly $34.4 billion in the previous year's first quarter, according to Dealogic.

"We want to provide loans and access to credit in ways that meet the needs of American businesses, from financing growth and investment to support their sustainability strategy," said Julie Bennett, HSBC's Americas head of ESG.

Write to Dieter Holger at dieter.holger@wsj.com; @dieterholger

(END) Dow Jones Newswires

06-17-21 0605ET

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Financials (USD)
Sales 2021 50 643 M - -
Net income 2021 9 072 M - -
Net Debt 2021 - - -
P/E ratio 2021 11,4x
Yield 2021 3,63%
Capitalization 112 B 112 B -
Capi. / Sales 2021 2,22x
Capi. / Sales 2022 2,16x
Nbr of Employees 224 652
Free-Float 98,2%
Chart HSBC HOLDINGS PLC
Duration : Period :
HSBC Holdings plc Technical Analysis Chart | HSBA | GB0005405286 | MarketScreener
Technical analysis trends HSBC HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Last Close Price 5,50 $
Average target price 6,66 $
Spread / Average Target 21,1%
EPS Revisions
Managers and Directors
Noel Paul Quinn Group Chief Executive Officer & Executive Director
Ewen James Stevenson Chief Financial Officer & Executive Director
Mark Edward Tucker Non-Executive Group Chairman
Steven C. van Wyk Chief Information Officer
John M. Hinshaw Group Chief Operating Officer
Sector and Competitors