HSBC Holdings (00005.HK) plans to issue $1.5 billion worth of 6.750 per cent perpetual subordinated contingent convertible securities.

Wisdom Financial News App News, HSBC Holdings (00005.HK) issued a announcement that the company plans to issue a total of $1.5 billion worth of 6.750% perpetual subordinated convertible securities on May 18, 2026. The securities can be redeemed at any optional redemption period (ISIN US404280FR58).