Company: HBCYF
Filing Date: 2025-09-02
Form Type: 6-K
Source: 0001654954-25-010289
Chunk: 3

Company: HSBC HOLDINGS PLC
Filing Date: 2025-09-02
Form: 6-K
Chunk 3
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 interest on such Notes from, and including, the last interest payment date for such Notes to, but not including, the Settlement Date, rounded to the nearest cent (such amount in respect of a series of Notes, ' Accrued Interest '). Accrued Interest will be payable on the Settlement Date. For the avoidance of doubt, interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers. Under no circumstances will any interest be payable to holders because of any delay on the part of Global Bondholder Services Corporation, as depositary, The Depository Trust Company (' DTC ') or any other party in the transmission of funds to holders.

It is expected that the Offers will be financed with cash on hand.

On the date of the Offer to Purchase, the Company expects to launch a proposed new issuance (the ' Proposed Issuance ') of one series of subordinated debt securities (the ' New Notes ') which is not subject to the Offers. No assurance can be given that the Proposed Issuance will be completed. The Offers are not subject to completion of the Proposed Issuance.

The Offers are subject to the terms and conditions described in the Offer Documents.

The Company reserves the right to amend or waive any of the conditions of the Offers, in whole or in part, at any time or from time to time, in our sole discretion, subject to applicable law. If any of the conditions are not satisfied at the Expiration Time with respect to an Offer, we may, in our sole discretion and without giving any notice, subject to applicable law, (a) terminate such Offer, (b) extend such Offer, on the same or amended terms, and thereby delay acceptance of any validly tendered Notes, or (c) continue to accept tenders.

We will, in connection with the allocation of the New Notes in the Proposed Issuance, consider among other factors whether or not the relevant investor seeking an allocation of the New Notes has, prior to such allocation, validly tendered or given a firm intention to us or the Dealer Manager that they intend to tender their Notes pursuant to the Offers and, if so, the aggregate principal amount of Notes tendered or intended to be tendered by such investor.

Therefore, a holder who wishes to subscribe for New Notes in addition to tendering its Notes for purchase pursuant to the Offers may be eligible to receive, at the sole and absolute discretion of the Company, priority in the allocation of the New Notes, subject to the issue of the New Notes and