Notice of Redemption

RNS Number : 9388Y

HSBC Holdings PLC

31 January 2014

 



31 January 2014

NOTICE OF REDEMPTION TO THE HOLDERS OF

HSBC Capital Funding (Euro 2) L.P.

(established as a limited partnership under the Limited Partnerships (Jersey) Law 1994)

(the "Issuer")

EUR1,400,000,000

5.3687 per cent. Non-cumulative Step-up Perpetual Preferred Securities

(ISIN: XS0178404793 and Common code: 017840479)

(the "Preferred Securities")

Pursuant to paragraph 4.2 of the terms of the Preferred Securities, notice is hereby irrevocably given to holders of the Preferred Securities that on 24 March 2014 (the "First Optional Redemption Date"), HSBC (General Partner) Limited, in its capacity as general partner of the Issuer, will exercise its option to redeem all of the Preferred Securities outstanding at the stated nominal amount ("Optional Redemption Price") together with interest accrued to the First Optional Redemption Date in accordance with the terms of the Preferred Securities.

On the First Optional Redemption Date, all of the Preferred Securities issued by the Issuer shall be redeemed in whole for cash at a redemption price equal to the Optional Redemption Price.

For and on behalf of

HSBC (General Partner) Limited

As General Partner of

HSBC Capital Funding (Euro 2) L.P.

Investor enquiries to:
Nick Turnor Head of Debt Investor Relations	[phone]	[e-mail]
Media enquiries to:
Brendan McNamara	[phone]	[e-mail]

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 6,600 offices in over 80 countries and territories in Europe, Hong Kong, Rest of Asia-Pacific, North and Latin America, and the Middle East and North Africa. With assets of US$2,723bn at 30 September 2013, HSBC is one of the world's largest banking and financial services organisations.

 

END

 

 

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