Issuance of Tier 1 Capital Se

RNS Number : 5636O

HSBC Holdings PLC

30 June 2010

 



30 June 2010

HSBC ISSUANCE OF TIER 1 CAPITAL SECURITIES

On 30 June 2010, HSBC Holdings plc issued US$400,000,000 of 8.00 per cent Perpetual Subordinated Capital Securities, Series 2 (the "New Series 2 Capital Securities") which are innovative tier 1 securities and will form part of HSBC Holdings plc's tier 1 capital.

The New Series 2 Capital Securities form a part of the same series as, and are fungible with, the outstanding US$3,400,000,000 8.00 per cent Perpetual Subordinated Capital Securities, Series 2 issued by HSBC Holdings plc on 24 June 2010 ( the "Existing Series 2 Capital Securities" and, together with the New Series 2 Capital Securities, the "Series 2 Capital Securities"). The aggregate principal amount of the Series 2 Capital Securities now outstanding is US$3,800,000,000.

Application has been made to list the Series 2 Capital Securities on the New York Stock Exchange.

Investor enquiries to:

Nick Turnor

Head of Debt Investor Relations

Telephone: [phone]

Mobile: [phone]

Media enquiries to:

Patrick McGuinness

Head of HSBC Group Press Office

Telephone: [phone]

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,364 billion at 31 December 2009, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

 

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