TIDMHSBA
RNS Number : 5261V
HSBC Holdings PLC
05 April 2023
NOTICE OF REDEMPTION
Dated 5 April 2023
US$2,000,000,000 3.950% Fixed Rate/Floating Rate Senior
Unsecured Notes due 2024
(CUSIP No. 404280 BS7; ISIN: US404280BS77)* (the 'Fixed/Floating
Rate Notes')
US$2,000,000,000 Floating Rate Senior Unsecured Notes due
2024
(CUSIP No. 404280 BR9; ISIN: US404280BR94)* (the 'Floating Rate
Notes' and, together with the Fixed/Floating Rate Notes, the
'Securities')
* No representation is made as to the correctness of such
numbers either as printed on the Securities or as contained in this
Notice of Redemption, and reliance may be placed only on the other
identification numbers printed on the Securities, and the Optional
Redemption (as defined below) shall not be affected by any defect
in or omission of such numbers.
To: The Holders of the Securities
The New York Stock Exchange
NOTE: THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF
INTEREST TO THE REGISTERED HOLDERS AND BENEFICIAL OWNERS OF THE
SECURITIES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS, AND OTHER
INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE
RE-TRANSMITTAL TO THE REGISTERED HOLDERS AND BENEFICIAL OWNERS OF
THE SECURITIES IN A TIMELY MANNER.
The Securities have been issued pursuant to an indenture dated
as of 26 August 2009 (as amended or supplemented from time to time,
the 'Base Indenture'), between HSBC Holdings plc, as issuer (the
'Issuer'), The Bank of New York Mellon, London Branch, as trustee
(the 'Trustee'), and HSBC Bank USA, National Association, as paying
agent and registrar ('HSBC Bank USA'), as supplemented and amended
by a sixth supplemental indenture dated as of 18 May 2018 (the
'Sixth Supplemental Indenture' and, together with the Base
Indenture, the 'Indenture') among the Issuer, the Trustee and HSBC
Bank USA as paying agent, registrar and calculation agent.
Capitalised terms used and not defined herein have the meanings
ascribed to them in the Indenture.
The Issuer has elected to redeem the Securities in whole in
accordance with the terms of the Indenture and the Securities (the
' Optional Redemption ').
Pursuant to Section 11.04 of the Base Indenture and Sections
2.01, 2.03, 2.04, 3.01, 4.01 and 5.01 of the Sixth Supplemental
Indenture, the Issuer hereby provides notice of the following
information relating to the Optional Redemption:
-- The redemption date for the Securities shall be 18 May 2023 (the ' Redemption Date ' ).
-- The redemption price for the Securities shall be US$1,000 per
US$1,000 principal amount of the Securities (the ' Redemption Price
').
-- Additionally, in accordance with the terms of the Indenture,
as the Redemption Date is an Interest Payment Date:
i. all accrued but unpaid interest from (and including) 18
November 2022 to (but excluding) the Redemption Date will be
payable to the holders of record of the Fixed/Floating Rate Notes
as of 3 May 2023, the Regular Record Date (the ' Fixed/Floating
Rate Notes Interest Payment '); and
ii. all accrued but unpaid interest from (and including) 18
February 2023 to (but excluding) the Redemption Date will be
payable to the holders of record of the Floating Rate Notes as of 3
May 2023, the Regular Record Date (the ' Floating Rate Notes
Interest Payment ').
-- Subject to any conditions and/or the limited circumstances
contained in the Sixth Supplemental Indenture, on the Redemption
Date the Redemption Price and the Fixed/Floating Rate Notes
Interest Payment or the Floating Rate Notes Interest Payment, as
applicable, shall become due and payable upon each such Security to
be redeemed and interest thereon shall cease to accrue on or after
such date.
-- Securities should be surrendered at the registered office of
HSBC Bank USA at 452 Fifth Avenue, New York, NY 10018.
Questions relating to this Notice of Redemption should be
addressed to HSBC Bank USA via e-mail at
CTLANYDealManagement@us.hsbc.com, at its registered office or via
telephone at +1 201 217 8417.
IMPORTANT TAX INFORMATION
EXISTING FEDERAL INCOME TAX LAW MAY REQUIRE BACKUP WITHHOLDING
OF 24% OF ANY PAYMENTS TO HOLDERS PRESENTING THEIR SECURITIES FOR
PAYMENTS WHO HAVE FAILED TO FURNISH A TAXPAYER IDENTIFICATION
NUMBER, CERTIFIED TO BE CORRECT UNDER PENALTY OF PERJURY ON A
COMPLETE AND VALID INTERNAL REVENUE SERVICE ('IRS') FORM W-9 OR
APPLICABLE FORM W-8 TO THE APPLICABLE PAYER OR WITHHOLDING AGENT.
HOLDERS MAY ALSO BE SUBJECT TO A PENALTY OF $50.00 FOR FAILURE TO
PROVIDE SUCH NUMBER.
Investor enquiries to:
Greg Case +44 (0) 20 7992 3825 investorrelations@hsbc.com
Media enquiries to:
Gillian James +44 (0) 20 7992 0516 gillian.james@hsbcib.com
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is
headquartered in London. The HSBC Group serves customers worldwide
from offices in 62 countries and territories in its geographical
regions: Europe, Asia, North America, Latin America, and Middle
East and North Africa. With assets of US$2,967bn at 31 December
2022, HSBC is one of the world's largest banking and financial
services organisations.
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END
MSCGZGGDDKRGFZM
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