HSBC Holdings PLC

Book size: 9139; Redemption: 2030-12-05R00w00w00+00w00; Registration: Pkkmfqkfkp;

NQXS Noxbi tox (NQXS), elt xiiee xspxbi Xss3/XXX zi Cigi/Sxpxo (xiieex xspxbi D3/D-/D+ (i/i/i)), CQ$2zb QDS xexipexe XextHS5.5 txle xspe xeiep ozso iezxxbspe xbpxbebp xbbexpxzoe iexexxpxei (DQ1). NQXS (X&M) ioe zi. Deiep Mspein 12/5/30 sb esxo txtpo sbbxbexisxi spe poexestpex. Sxxip xsoo texxn Sxi (sb xbxoexb) 6/5/30 p (sb xbxoexb) 12/5/30. Btpxbso Deeitpxbn Dp Miieexdai ioe xixxepxb, xb ooe (zep bp xb tsxp), exxb sbi texx xiiebxxb b poe spe tsooxb ixl xsoebsx ibpoi txxx p s Deiep Mspe sb ebxb b iexo Deiep Mspe (zpo spei xbxoeixbe). Qoe tpxbso xeeitpxb txxxe xoo ze sp tsx toei sbi sxxxee sb ebtsx xbpexeip p (zep elxoexb) poe spe t xeeitpxb (elxoexb sbi xsbxeooe x eeie p osbe zeeb xsbxeooe xbpexeip). Mbpexeip Dspen Sxi poe Miiee Mspe p 12/5/30n txle xspe t %. Qoexestpexn Deiep b esxo Deiep Mspe p s be txle xspe eeso p poe txebsxoxb 5 iesx CQM Qxesiexi ixeo +. Hxipxbn Dttoxxspxb osi zeeb ise p oxip poe Qexexxpxei b poe Qozso Dlxosbe Csxep t Dexbelp Mezoxb. Qbexbxb Hsn He Ox os, elxetp posp poe iezxxbspxb txbxixbi sb poe sxbex t iep-tt txbxixbi xoo ze bexbe zi poe osi t Dbosb sb Qsoei. YMM Doxxzoen C.Q. Seexso Mbxie Qslspxb t Mbpexeip Xsiiebpi Qxpo Deitexp p poe Qexexxpxei (YMM eoxxzxoxpi)n Di ixe teooi eixxxze xb poe Xxeoxixbsxi Xxitexpei Qettoeiebp spe Csi 29, 2025, xbpexeip tsiiebpi zi poe xiieex xpo xeitexp p poe Qexexxpxei sxe ebexsooi eltexpe p ze pslszoe p xexpsxb bb-xxtxspe C.Q. ooexi si esoxtxe xbxeb xbxie, txbxe posp poe bb-xxtxspe C.Q. ooex ieepi xexpsxb ooxb texx xeexxeiebpi sb poe xiieex xi bp s datsiixbe txexb xbbeipiebp xitsbida xb expoex poe pslszoe iesx t poe xiieex xb oxxo iexo xbpexeip tsiiebp xi ise x xb poe txexexb pslszoe iesx. Qxeipeen Qoe Xsb t He Ox Ceoob, Hbb Xxsbxo. CBXn Qebexso xxtxspe textiei sb p isxbpsxb x texpoex ipxebpoeb xpi xstxpso zsie texiesbp p xeexxeiebpi ebex poe Deoebsbp Deoei (si etxbe xb poe Xxeoxixbsxi Xxitexpei Qettoeiebp). Xxxxxb 5/29. Qeppoe 6/5 (Q+5). SCQMXn 404280SD2.MXQin 7.625% sxes.DNQM MXQin 7.50% sxes.QCMMDHSDn 7.05%#.HDCHSNDMn $2zb XextHS5.5 sp 7.05%.XDMSDMn $2zb, 7.05% sp 100. Xsx-xeiepn Q+298.7.BQNDDnDsbxb xb oxexspxbCboeii txebxeioi xbbexpe xbp xxbsxi iosxei, poe Qexexxpxei xsbn(x) Qebxx p xosxii t Qebxx Sxexpxi (si etxbe xb poe Xxeoxixbsxi Xxitexpei Qettoeiebp),(xx) tsxx tsiie xpo poe iip iebxx xosii t txetexebxe iosxei sb(xxx) iebxx p soo poex xosiiei t xiiee iosxe xstxpsoMxixxepxbsxi Mbpexeip XsiiebpiMbpexeip tsiiebpi sxe teooi xixxepxbsxi, sb bb-xeieospxbeDeipxxxpxbi b Mbpexeip XsiiebpiMbpexeip xoo bp ze tsx xb xsie tn(x) poe siebp t Deoebsbp Mxipxxzepxbi elxeexb poe siebp t Mxipxxzepszoe Mpeii si t iexo xbpexeip tsiiebp spe,(xx) poe sxespe t (l) xbpexeip tsiszoe xb xeitexp t poe Qexexxpxei sb (i) sbi xipxxzepxbi t poe xb xetexxe p xb Deoe 4.3 (2) t Sostpex 4 t poe daSDD Sxxii da Sstxpso Xettexida Xsxp t poe XDD Deoez (x sbi iexxeexb txbxixb siebxb x xetosxxb iexo xeoe) elxeexb poe Cslxiei Mxipxxzepszoe Diebp (xt sbi) sttoxxszoe p poe Miieex si t iexo xbpexeip tsiiebp spe,(xxx) poe Qobebxi Sbxpxb bp zexb ispxitxe xb xeitexp t iexo xbpexeip tsiiebp, x(xb) poe Deoebsbp Deeospx xexxb poe Miieex p xsbxeo (xb ooe x xb tsxp) poe xbpexeip poexxie tsiszoe b iexo xbpexeip tsiiebp speDxpxbso DiebpiMt sttoxxszoe, tsiszoe xpo xeitexp p xbpexeip (zep bp txxbxxtso)Qtexxso Dbebp DeeitpxbQoe Qexexxpxei isi ze xeeeie xb ooe (zep bp xb tsxp) sp poe Miieexdai tpxb xb xpi ioe xixxepxb etb poe xxexxebxe t s Qsl Dbebp x s Sstxpso Mxiesoxtxxspxb Dbebp, si eixxxze ebex daMeixxxtpxb t poe Qexexxpxeida DeeitpxbdaQtexxso Dbebp Deeitpxbda xb poe Xxeoxixbsxi Xxitexpei QettoeiebpDeixeso SsooMt poe epipsbxb sxespe txxbxxtso siebp t poe Qexexxpxei xi 25% x oeii t poe sxespe txxbxxtso siebp t poe Qexexxpxei xxxbsooi xiiee (sb, tx poeie textiei, sbi sxpxbso iexexxpxei xiiee stpex poe Miiee Mspe sb xbioxspe xpo poe Qexexxpxei si tsxp t poe isie iexxei iosoo ze eeie p osbe zeeb xxxbsooi xiiee), poe Miieex isi, sp xpi tpxb xb xpi ioe xixxepxb, xeeei poe xeisxbxb epipsbxb Qexexxpxei xb ooe (zep bp xb tsxp) sp sbi pxie sp s xeeitpxb txxxe eeso p 100% t poe txxbxxtso siebp t iexo epipsbxb Qexexxpxei toei sbi sxxxee sb ebtsx xbpexeip p (zep elxoexb) poe spe t xeeitpxb, si ixe teooi eixxxze ebex daMeixxxtpxb t poe QexexxpxeidaDeeitpxbdaDeixeso Ssooda xb poe Xxeoxixbsxi Xxitexpei QettoeiebpSstxpso Deesxi Qxxex DbebpdaSstxpso Deesxi Qxxex Dbebpda xoo xxex xt sp sbi pxie poe SDQ1 Dspx xi oeii posb 7.0% (xbioxspe, xpoep sttoixb pxsbixpxbso txbxixbi poeb xb ettexp ebex poe Deoebsbp Deoei (eboeii poe Deoebsbp Deoei poexxie xeexxe x texixp))Depispxx Sbbexixb etb s Sstxpso Deesxi Qxxex DbebpDtpex s Sstxpso Deesxi Qxxex Dbebp, poe Qexexxpxei xoo ze sepispxxsooi sb xxxebxszoi xbbexpe xbp poe Miieexdai xxbsxi iosxei sp poe Sbbexixb XxxxeSbbexixb XxxxeCQM tex Sbbexixb Qosxe (eexbsoebp p QXX2.70 zsie b sb elxosbe xspe t QXX/CQM ), iezexp p xexpsxb oxixpe sbpx-xoepxb seipiebpiSbbexixb Qosxei BttexSooxb s Sstxpso Deesxi Qxxex Dbebp, poe Miieex isi eoexp p ttex iie x soo t poe Sbbexixb Qosxei p iie x soo t xpi xxbsxi iosxeooexi sp s txxxe t QXX2.70 tex Sbbexixb Qosxe (daSbbexixb Qosxei Bttex Xxxxeda), iezexp p xexpsxb oxixpe sbpx-xoepxb seipiebpiDxeeiebp xpo Deitexp p poe Dlexxxie t CD Xsxo-xb XexnQoe txbxixbi xb poe Xxeoxixbsxi Xxitexpei Qettoeiebp xb poe iexpxb daMeixxxtpxb t poe QexexxpxeidaDxeeiebp xpo Deitexp p poe Dlexxxie t CD Xsxo-xb Xexda sxe sttoxxszoe