TIDMHSBA
RNS Number : 8215M
HSBC Holdings PLC
25 May 2022
25 May 2022
NOTICE OF REDEMPTION
Dated 25 May 2022
GBP1,000,000,000 2.175% Resettable Senior Unsecured Notes due
2023
(CUSIP No. 404280 BU2; ISIN: XS1823595647)* (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 an eighth supplemental indenture dated as of 27 June 2018 (the
'Eighth 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, and 4.02 of the Eighth Supplemental Indenture, the Issuer
hereby provides notice of the following information relating to the
Optional Redemption:
-- The redemption date for the Securities shall be 27 June 2022 (the ' Redemption Date ' ).
-- The redemption price for the Securities shall be GBP1,000 per
GBP1,000 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, all accrued but
unpaid interest from (and including) 27 June 2021 to (but
excluding) the Redemption Date will also be payable to the holders
of record of the Securities as of the close of business on 24 June
2022, the Regular Record Date (the ' 27 June Interest Payment
').
-- Subject to any conditions and/or the limited circumstances
contained in the Eighth Supplemental Indenture, on the Redemption
Date the Redemption Price and the 27 June Interest Payment 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:
Ankit Patel +44 (0) 20 7991 9813 ankit.patel@hsbc.com
Notes to editors:
1. 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 64 countries and territories in its geographical
regions: Europe, Asia, North America, Latin America, and Middle
East and North Africa. With assets of US$3,021bn at 31 March 2022,
HSBC is one of the world's largest banking and financial services
organisations.
2. The Board of Directors of HSBC Holdings plc as at the date of
this announcement comprises: Mark Tucker*, Noel Quinn, Geraldine
Buckingham , Rachel Duan , Carolyn Julie Fairbairn , James Anthony
Forese , Steven Guggenheimer , José Antonio Meade Kuribreña ,
Eileen K Murray , David Nish , Ewen Stevenson and Jackson Tai .
* Non-executive Group Chairman
Independent non-executive Director
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END
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May 25, 2022 12:18 ET (16:18 GMT)
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