HSBC HOLDINGS (00005) intends to issue US$1.5 billion in 7.625% perpetual subordinated contingent convertible securities

HSBC HOLDINGS (00005) announced that it intends to issue on November 13, 2026, US$1.5 billion in 7.625% perpetual subordinated contingent convertible securities (redeemable during any optional redemption period) (ISIN US404280FV60). The securities are expected to be admitted to the official list of, and traded on, the Global Exchange Market of the Irish Stock Exchange, operating under the name Euronext Dublin, within 30 days after the issue date. The securities have a denomination of US$200,000, with amounts in excess thereof in integral multiples of US$1,000.