Company: HBCYF
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-039401
Chunk: 64

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-27
Form: 424B5
Chunk 64
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aturity Date”).

The 2031 Floating Rate Notes will be issued in an aggregate principal amount of $750,000,000, and, unless previously redeemed or otherwise
cancelled as described under “—Redemption,” the 2031 Floating Rate Notes will mature on March 3, 2031 (the “2031 Floating Rate Notes 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

2029 Fixed/Floating Rate Notes

From (and including) the Issue Date to (but excluding) March 3, 2028 (the “2029 Fixed/Floating Rate Notes Fixed Rate
Period”), interest on the 2029 Fixed/Floating Rate Notes will be payable at a rate of 4.899% per

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annum (the “2029 Fixed/Floating Rate Notes Initial Interest Rate”). During the 2029 Fixed/Floating Rate Notes Fixed Rate Period, interest on the 2029 Fixed/Floating Rate Notes will be payable semi-annually in arrear on each 2029 Fixed/Floating Rate Notes Fixed Rate Period Interest Payment Date. From (and including) March 3, 2028 to (but excluding) the 2029 Fixed/Floating Rate Notes Maturity Date (the “2029 Fixed/Floating Rate Notes Floating Rate Period”), the interest rate on the 2029 Fixed/Floating Rate Notes will be equal to the Benchmark (as defined below) plus 1.030% per annum (the “2029 Fixed/Floating Rate Notes Margin”). During the 2029 Fixed/Floating Rate Notes Floating Rate Period, interest on the 2029 Fixed/Floating Rate Notes will be payable quarterly in arrear on each 2029 Fixed/Floating Rate Notes Floating Rate Period Interest Payment Date. The interest rate on the 2029 Fixed/Floating Rate Notes will be calculated quarterly on each applicable Interest Determination Date. During the 2029 Fixed/Floating Rate Notes 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 scheduled 2029 Fixed/Floating Rate Notes Fixed Rate Period Interest Payment Date is not a business day,                                                                                                                                        
 such 2029 Fixed/Floating Rate Notes Fixed Rate Period