Company: HBCYF
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-039401
Chunk: 62

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-27
Form: 424B5
Chunk 62
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 or about February 27, 2025; the sale of the US$1,500 million 6.950% Perpetual Subordinated Contingent Convertible Securities (Callable During Any Optional Redemption Period) and application of the proceeds therefrom is expected to increase the total amount of other equity instruments in issue by US$1,500 million. As of December 31, 2024, HSBC had other liabilities of US$2,583,935 million and contingent liabilities and contractual commitments of US$971,597 million (including guarantees of US$109,721 million). On January 30, 2025, HSBC Holdings issued a notice of redemption for the outstanding $1,750 million 2.999% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026 and the outstanding $500 million Floating S-42

Rate Senior Unsecured Notes due 2026, which are expected to be redeemed on March 10, 2025. The total carrying amount of debt securities in issue is expected to increase by US$7,000 million
to reflect the sale of the Notes and application of the proceeds therefrom.

Save as disclosed in the above notes, there has been no
material change in the issued share capital of HSBC Holdings, or its consolidated capitalization and indebtedness, since December 31, 2024.

The following exchange rate as of December 31, 2024 has been used in the notes above: £1.00 = US$1.25445.

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DESCRIPTION OF THE NOTES

The following summary description of certain material terms and provisions of the Notes supplements the description of certain terms and provisions of senior unsecured debt securities of any series described in the accompanying prospectus under the heading “Description of Debt Securities.” The terms described here, together with the relevant terms of senior unsecured debt securities contained in the accompanying prospectus, constitute a description of the material terms of the Notes. In cases of inconsistency between the terms described here and the relevant terms of the prospectus, the terms presented here will apply and replace those described in the prospectus.

The Notes will constitute senior unsecured notes issued under the indenture
dated as of August 26, 2009 (as amended and supplemented from time to time, the “Base Indenture”) among us, The Bank of New York Mellon, as trustee, and HSBC Bank USA, National Association, as paying agent, registrar and exchange rate
agent, the form of which is filed