HSBC issues $1.5 billion in subordinated notes due 2036

Published 10/09/2025, 15:12
© Reuters.

LONDON - HSBC Holdings plc issued $1.5 billion in subordinated unsecured notes on Wednesday, according to a press release statement from the global banking giant.

The 5.741% Fixed Rate/Floating Rate Subordinated Unsecured Notes are due in 2036 and were issued under an indenture dated March 12, 2014, which was most recently amended by a 10th supplemental indenture dated September 10, 2025.

The bank will apply to list the notes on the New York Stock Exchange.

The offering was made through an effective shelf registration statement on Form F-3 filed with the Securities and Exchange Commission. HSBC made the offering available solely through a prospectus supplement and accompanying prospectus.

HSBC Holdings, headquartered in London, operates in 57 countries and territories worldwide. The financial institution reported assets of $3.214 billion as of June 30, 2025.

The issuance represents part of the bank’s ongoing capital management activities, adding to its tier 2 capital base.

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