REG - HSBC Holdings PLC - Notice of redemption

HSBC HoldingsAnnouncement

16/09/2024 10:15

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RNS Number : 3263E  HSBC Holdings PLC  16 September 2024

 

 

16 September 2024

 

 

HSBC HOLDINGS PLC

NOTICE OF REDEMPTION AND CANCELLATION OF LISTING

 

To the holders of:

 

(i) GBP350,000,000 1.8777% Resettable Notes due October 2025

ISIN Code: XS2050979025

(the 'Series 38 Notes')

and

(ii) GBP150,000,000 2.1003% Resettable Notes due October 2025

ISIN Code: XS2054215483

(the 'Series 39 Notes' and together with the Series 38 Notes, the 'Notes')

 

 

Notice is hereby irrevocably given to:

 

(i)         the holders of the Series 38 Notes (the 'Series 38
Noteholders') that, pursuant to Condition 6(c) (Redemption at the Option of
the Issuer) of the terms and conditions of the Series 38 Notes and paragraph
16 (Issuer's optional redemption (Call): Condition 6(c)) of the final terms
dated 9 September 2019 relating to the Series 38 Notes (the 'Series 38 Final
Terms'), on 31 October 2024 (the 'Series 38 Redemption Date') HSBC Holdings
plc will exercise its option to redeem all of the outstanding Series 38 Notes
at GBP1,000 per Calculation Amount (as defined in the Series 38 Final Terms),
together with accrued but unpaid interest from (and including) 31 October 2023
to (but excluding) the Series 38 Redemption Date; and

 

(ii)         the holders of the Series 39 Notes (the 'Series 39
Noteholders') that, pursuant to Condition 6(c) (Redemption at the Option of
the Issuer) of the terms and conditions of the Series 39 Notes and paragraph
16 (Issuer's optional redemption (Call): Condition 6(c)) of the final terms
dated 20 September 2019 relating to the Series 39 Notes (the 'Series 39 Final
Terms'), on 31 October 2024 (the 'Series 39 Redemption Date') HSBC Holdings
plc will exercise its option to redeem all of the outstanding Series 39 Notes
at GBP1,000 per Calculation Amount (as defined in the Series 39 Final Terms),
together with accrued but unpaid interest from (and including) 31 October 2023
to (but excluding) the Series 39 Redemption Date.

 

Noteholders should look to the relevant clearing systems through which their
Notes are held for repayment.

 

The listing of the Notes on the Official List of the Financial Conduct
Authority and the admission of the Notes to trading on the Main Market of the
London Stock Exchange plc will be cancelled on, or shortly after, 1 November
2024.

 

Investor enquiries to:

Greg Case                            +44 (0) 20 7992 3825
               investorrelations@hsbc.com

 

Media enquiries to:

Press Office                          +44 (0) 20 7991 8096
                pressoffice@hsbc.com

 

 

Note to editors:

 

HSBC Holdings plc

 

HSBC Holdings plc, the parent company of HSBC, is headquartered in London.
HSBC serves customers worldwide from offices in 60 countries and territories.
With assets of US$2,975bn at 30 June 2024, HSBC is one of the world's largest
banking and financial services organisations.

 

The Notes have not been and will not be registered under the United States
Securities Act of 1933, as amended (the 'Securities Act'), or any state
securities laws and, unless so registered, may not be offered or sold within
the United States or to, or for the account or the benefit of, US persons, as
defined in Regulation S under the Securities Act, except pursuant to an
exemption from or in a transaction not subject to the registration
requirements of the Securities Act and in compliance with any applicable state
securities laws.

 

ends/all

 

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