Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 269

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 269
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 with the offer made by this prospectus, and, if given or made, such information or representations must not be relied upon as having been authorized by HSBC Holdings or any of the underwriters. Neither the delivery of this prospectus nor any sale made hereunder will under any circumstance create an implication that there has been no change in the affairs of HSBC Holdings since the date hereof. This prospectus does not constitute an offer or solicitation by anyone in any state in which such offer or solicitation is not authorized or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

All dealers that effect transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers’ obligation to deliver a prospectus when acting as underwriters and with respect to their unsold allotments or subscriptions.

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TABLE OF CONTENTS

| ABOUT THIS PROSPECTUS                                                        |     |  4 |
| CERTAIN DEFINITIONS AND PRESENTATION OF FINANCIAL INFORMATION                |     |  4 |
| LIMITATION ON ENFORCEMENT OF U.S. LAWS AGAINST US, OUR MANAGEMENT AND OTHERS |     |  5 |
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS                    |     |  5 |
| WHERE YOU CAN FIND MORE INFORMATION ABOUT US                                 |     |  5 |
| HSBC                                                                         |     |  7 |
| RISK FACTORS                                                                 |     |  8 |
| USE OF PROCEEDS                                                              |     |  9 |
| CONSOLIDATED CAPITALIZATION AND INDEBTEDNESS OF HSBC HOLDINGS PLC            |     | 10 |
| DESCRIPTION OF DEBT SECURITIES                                               |     | 11 |
| DESCRIPTION OF CONTINGENT CAPITAL SECURITIES                                 |     | 31 |
| DESCRIPTION OF ORDINARY SHARES                                               |     | 43 |
| TAXATION                                                                     |     | 50 |
| UNDERWRITING (CONFLICTS OF INTEREST)                                         |     | 61 |
| LEGAL OPINIONS                                                               |     | 69 |
| EXPERTS                                                                      |     | 69 |

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HSBC Holdings plc

$1,500,000,000 6,950% Perpetual Subordinated Contingent Convertible Securities (Callable During Any Optional Redemption Period)

Prospectus