Loan & DebtMay 18, 2026, 01:36 PM
HSBC Issues $1.5B 6.750% Perpetual Subordinated Convertible Securities
AI Summary
HSBC Holdings plc announced the successful issuance of US$1,500,000,000 6.750% Perpetual Subordinated Contingent Convertible Securities on May 18, 2026. All conditions precedent under the securities terms agreement have been satisfied. The company has applied for the securities to be admitted to the Official List and trading on the Global Exchange Market of Euronext Dublin, with the offering made pursuant to an effective shelf registration statement.
Key Highlights
- HSBC issued US$1,500,000,000 6.750% Perpetual Subordinated Contingent Convertible Securities.
- The securities were issued on May 18, 2026.
- All conditions precedent under the securities terms agreement have been satisfied.
- Application has been made for admission to the Official List and trading on Euronext Dublin.
- The offering was made pursuant to an effective shelf registration statement on Form F-3.
- Securities are not intended for retail investors in the UK or EEA due to regulatory restrictions.
Price Impact
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