Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 180

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 180
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DESCRIPTION OF DEBT SECURITIES Debt securities offered through this prospectus will be issued under one of three indentures among HSBC Holdings, as issuer, The Bank of New York Mellon, as trustee and HSBC Bank USA, National Association, as paying agent, registrar and exchange rate agent, as heretofore supplemented and amended. The dated subordinated debt securities will be issued under the indenture for dated subordinated debt securities, the undated subordinated debt securities will be issued under the indenture for undated subordinated debt securities and the senior debt securities will be issued under the indenture for senior debt securities. The following summary of certain provisions of the debt securities and the indentures and any such summary in any prospectus supplement do not purport to be complete and are subject to, and are qualified by reference to, all the provisions of the debt securities and the relevant indenture. Defined terms used in this section but not otherwise defined in this prospectus have the meanings assigned to them in the relevant indenture. General The indentures do not limit the amount of debt securities that we may issue under them and provide that we may issue debt securities from time to time in one or more series. Please refer to the prospectus supplement relating to the particular series of debt securities offered through this prospectus for the following terms, where applicable, of such debt securities:

| • |     | whether such debt securities, in the case of subordinated debt securities, will be dated subordinated debt         
 securities with a specified maturity date or undated subordinated debt securities with no specified maturity date; |

| • |     | the title and series of such debt securities; |

| • |     | the aggregate principal amount of such debt securities, and the limit, if any, on the aggregate principal amount 
 of the debt securities of that series that may be issued under the relevant indenture;                           |

| • |     | the issue date or dates and the maturity date or dates, if any; |

| • |     | the rate or rates, at which such debt securities will bear interest or the method by which interest will be 
 determined, and the dates and mechanics of payment of interest, including record dates;                     |

| • |     | specific redemption terms; |

| • |     | whether such debt securities, if dated subordinated debt securities or senior debt securities, are to be issued 
 as discount securities and the terms and conditions of any such discount securities;                            |

| • |     | the place or places where any