Company: HBCYF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195127
Chunk: 56

Company: HSBC HOLDINGS PLC
Filing Date: 2025-09-04
Form: 424B5
Chunk 56
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, your rights will be determined by the Notes, the Indenture and the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). You can read the Indenture and the form of Notes at the location listed under “ Where You Can Find More Information About Us.” The Notes will be issued in an aggregate principal amount of $1,500,000,000, and, unless previously redeemed or otherwise cancelled as described under “— Redemption,” the Notes will mature on September 10, 2036 (the “Maturity Date”). The Notes will be issued only in registered form in minimum denominations of $200,000 and in integral multiples of $1,000 in excess thereof. Interest From (and including) the Issue Date to (but excluding) September 10, 2035 (the “Fixed Rate Period”), interest on the Notes will be payable at a rate of 5.741% per annum (the “Initial Interest Rate”). During the Fixed Rate Period, interest on the Notes will be payable semi-annually in arrear on each Fixed Rate Period Interest Payment Date. From (and including) September 10, 2035 to (but excluding) the Maturity Date (the “Floating Rate Period”), the interest rate on the Notes will be equal to the Benchmark (as defined below) plus 1.960% per annum (the “Margin”). During the Floating Rate Period, interest on the Notes will be payable quarterly in arrear on each Floating Rate Period Interest Payment Date. The interest rate on the Notes will be calculated quarterly on each Interest Determination Date. The regular record dates for the Notes will be the 15th calendar day preceding each Interest Payment Date, whether or not a business day. During the Fixed Rate Period:

| • |     | Interest will be calculated on the basis of twelve 30-day months or, in                                   
 the case of an incomplete month, the actual number of days elapsed, in each case assuming a 360-day year. |

| • |     | If any Fixed Rate Period Interest Payment Date is not a business day, such Fixed Rate Period Interest Payment                                                                                       
 Date will be postponed to the next day that is a business day, but interest on that payment will not accrue during the period from and after the scheduled Fixed Rate Period Interest Payment Date. |

S-40

During the Floating Rate Period:

| • |     | Interest will be calculated on the basis of the actual number of days in each Floating Rate