HSBC rights issue 97% taken up

View an online version of this email here.  All times are London time: Sunday Apr 05 2009 Breaking news HSBC rights issue 97% taken up HSBC has received overwhelming support for its record-breaking £12.5bn rights issue, with investors subscribing for almost 97 per cent of the stock on offer. The offering is the biggest-ever in the UK, eclipsing Royal Bank of Scotland's £12bn issue last year, and underlines the perceived strength of the UK's largest bank compared with the problems that have weakened its rivals. Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.