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LONDON - HSBC Holdings plc (LSE:HSBA) announced Wednesday it will redeem its $1.75 billion 7.336% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026 in full on November 3, 2025, according to a notice of redemption issued by the bank.
The redemption price will be $1,000 per $1,000 principal amount, with holders also receiving all accrued but unpaid interest from May 3, 2025, to the redemption date. Interest will cease to accrue on the notes after the redemption date.
The notes, which were issued under an indenture dated August 26, 2009, and supplemented on November 3, 2022, will be redeemed in accordance with the terms outlined in those agreements.
Holders of record as of October 19, 2025, will be eligible for the interest payment. Securities should be surrendered at HSBC Bank USA’s registered office in New York.
The redemption represents a standard debt management operation for HSBC, one of the world’s largest banking organizations with assets of $3.21 trillion as of June 30, 2025.
The bank noted in its press release statement that questions regarding the redemption should be directed to HSBC Bank USA.
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