HSBC Holdings Plans to Issue $2.5 Billion in Perpetual Subordinated Contingent Convertible Securities

NightAirdropper · 2026-03-18T01:51:14+00:00

HSBC Holdings announced plans to issue two classes of perpetual subordinated convertible securities with a total value of US$1.25 billion on March 24, 2026, with coupon rates of 6.750% and 7.00%, respectively. The securities are expected to be admitted to the Global Market of the Irish Stock Exchange within 30 days after issuance.

NightAirdropper

2026-03-18 01:51:14

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Guanfawang News: On March 18, HSBC Holdings plc announced plans to issue two types of perpetual subordinated or contingent convertible securities by March 24, 2026, each with a total value of $1.25 billion.

Among them, the 2031 securities have a coupon rate of 6.750%, and the 2036 securities have a coupon rate of 7.00%. Their ISIN codes are US404280FH76 and US404280FJ33, respectively, and both can be redeemed during the specified period.

According to the announcement, the relevant securities are expected to be listed on the Euronext Dublin-operated Irish Stock Exchange Global Trading Market within 30 days after the issuance date. The face value of the securities is $200,000, with any excess calculated in multiples of $1,000.

This issuance is based on the securities deed established on August 1, 2014, and amended by the nineteenth and twentieth supplemental deeds. All documents are expected to be signed on the issuance date.

Disclaimer: The content and data of this article are compiled by Guanfawang based on public information and do not constitute investment advice. Please verify before use.

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