HSBC to issue USD2.5 billion perpetual subordinated contingent convertible securities

HSBC announced plans to issue USD 1.25 billion of 6.75% perpetual subordinated contingent convertible securities and USD 1.25 billion of 7% perpetual subordinated contingent convertible securities. The total value of the two issuances is USD 2.5 billion. The securities are expected to be admitted to listing and trading on Euronext Dublin’s Global Exchange Market within 30 days of the issue date. HSBC said it expects net proceeds of about USD 2.48 billion after commissions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HSBC Holdings plc published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12056490), on March 18, 2026, and is solely responsible for the information contained therein.

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