HSBC Holdings PLC Notice of Redemption (5506V)
August 07 2020 - 11:30AM
UK Regulatory
TIDMHSBA
RNS Number : 5506V
HSBC Holdings PLC
07 August 2020
NOTICE OF REDEMPTION
US$2,000,000,000 Floating Rate Senior Unsecured Notes due
2021
(CUSIP No. 404280 BV0; ISIN: US404280BV07)* (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 August 26, 2009 (the "Base Indenture"), between HSBC Holdings
plc, as issuer (the "Issuer"), The Bank of New York Mellon, as
trustee (the "Trustee"), and HSBC Bank USA, National Association,
as paying agent and registrar ("HSBC Bank USA"), as supplemented
and amended by a ninth supplemental indenture dated as of September
12, 2018 (the "Supplemental Indenture" and, together with the Base
Indenture, the "Indenture"). Capitalized 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 Sections 11.04 and 11.09 of the Base Indenture and
Sections 2.04(c) and 5.01 of the Supplemental Indenture, the Issuer
hereby provides notice of the following information relating to the
Optional Redemption:
-- The redemption date for the Securities shall be September 11,
2020 (the " Redemption Date " ).
-- The redemption price for the Securities shall be US$1,000 per
US$1,000 principal amount of the Securities, together with any
accrued but unpaid interest to, but excluding, the Redemption Date
(the " Redemption Price ").
-- Subject to any conditions and/or the limited circumstances
contained in the Supplemental Indenture, on the Redemption Date the
Redemption Price 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 (212) 525 1592.
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. HSBC serves customers worldwide from
offices in 64 countries and territories in our geographical
regions: Europe, Asia, North America, Latin America, and Middle
East and North Africa. With assets of US$2,923bn at 30 June 2020,
HSBC is one of the world's largest banking and financial services
organisations.
ends/all
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END
MSCUPUUURUPUGAM
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