Business
Securities issuance - closing announcement
Securities issuance - closing announcement.
About this update from Hsbc Holdings Plc
[{"type":"text","content":"\n\n\n24 March 2025\n\n \nHSBC HOLDINGS PLC\nISSUANCE OF PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES\n \nHSBC Holdings plc (the 'Company') is pleased to announce that all of the conditions precedent under the subscription agreement between the Company and the managers listed therein (the 'Managers') dated 20 March 2025 (the 'Subscription Agreement') in relation to the Company's previously announced issuance of perpetual subordinated contingent convertible securities have been satisfied (or where permitted, waived). The SGD 800,000,000 5.000% Resettable Perpetual Subordinated Contingent Convertible Securities (Callable During Any Optional Redemption Period) (ISIN XS3023923314) (the 'Securities') were issued on 24 March 2025 in accordance with the terms of the Subscription Agreement.\n \nApplication has been made to The Irish Stock Exchange plc trading as Euronext Dublin ('Euronext Dublin') for the Securities to be admitted to the Official List and to trading on the Global Exchange Market of Euronext Dublin.\n \n \n\n\n\n\nInvestor enquiries to:\n\n\n\n\n\n\n\n\n\n\nGreg Case\n\n\n+44 (0) 20 7992 3825\n\n\[email protected]\n\n\n\n\n \nMedia enquiries to:\n\n\n\n\n\n\n\n\n\n\nPress Office\n\n\n+44 (0) 20 7991 8096\n\n\[email protected]\n\n\n\n\n \n\n\n\n\nDisclaimers\n \nThe distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.\n \nThis announcement does not constitute an offer or an invitation to subscribe or purchase any of the Securities. No action has been taken in any jurisdiction to permit a public offering of the Securities where such action is required. The offer and sale of the Securities may be restricted by law in certain jurisdictions.\n \nThe Securities are not deposit liabilities of the Company and are not covered by the United Kingdom Financial Services Compensation Scheme or insured by the US Federal Deposit Insurance Corporation or any other governmental agency of the United Kingdom, the United States or any other jurisdiction.\nThe Securities have not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act') and may not be offered, so...