HSBC Holdings (00005) plans to issue $1.5 billion of perpetual subordinated or convertible securities.

25/02/2025

GMT Eight

HSBC HOLDINGS (00005) announced that the company plans to issue a total of $1.5 billion 6.950 perpetual subordinated callable convertible securities (redeemable at any optional redemption period) on February 27, 2025 (ISIN US 404280EV79). The securities are expected to be listed on the official list of the Global Exchange Market operated by Euronext Dublin within 30 days after the issue date for trading. The face value of the securities is $200,000, and any excess will be calculated in multiples of $1,000.

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Contact: contact@gmteight.com

HSBC Holdings (00005) plans to issue $1.5 billion of perpetual subordinated or convertible securities.

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