December 24, 2009
The Mexican arm of HSBC has received MXP6.29bn through a capital increase by its UK parent company. The issue of 263m shares includes 244m F series and 20m B units at MXP23.86 each. In a local filing, HSBC Mexico SA says the additional capital provided by Grupo Financiero HSBC shows its "confidence and commitment to the company and Mexico's financial sector."