HSBC · HSBC Holdings plc has issued a notice of redemption for its US$2.25…

HSBC Holdings plc has issued a notice of redemption for its US$2.25 billion 7.390% Fixed Rate/Floating Rate Senior Unsecured Notes due 2028, of which US$1,276,632,000 principal amount remains outstanding. The notes will be redeemed in full on 9 November 2026 at a make-whole redemption price, plus accrued interest. This is a routine liability management action that reduces future interest expense but has no material impact on equity holders.

• HSBC is redeeming all remaining US$1,276,632,000 of its 7.390% senior notes due 2028.
• Redemption date is 9 November 2026.
• Redemption price is the greater of 100% of principal or a make-whole amount based on Reference Treasury Rate plus 50 basis points.
• Accrued interest from 3 November 2026 to the redemption date will also be paid.