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HSBC HOLDINGS Plans to Issue USD2B Perpetual Subordinated Contingent Convertible Securities
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HSBC HOLDINGS (00005.HK) announced plans to issue USD2 billion 7.05% Perpetual Subordinated Contingent Convertible Securities next Thursday (June 5).

The Securities are expected to be admitted to the Official List and to trading on the Global Exchange Market of The Irish Stock Exchange plc trading as Euronext Dublin within 30 days of the Issue Date. The denominations of the Securities will be USD200,000 and integral multiples of USD1,000 in excess thereof.

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