HSBC to Issue US$1.5 Billion Perpetual Contingent Convertible Securities

Tip Ranks
2026.05.12 00:09
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HSBC Holdings plc plans to issue US$1.5 billion of 6.750% perpetual subordinated contingent convertible securities on May 18, 2026. These securities will be callable during specified periods and are structured under an existing indenture framework. They are expected to be listed on Euronext Dublin’s Global Exchange Market within 30 days of issuance, enhancing HSBC’s regulatory capital structure and access to international debt markets.