HSBC (HSBC) sells three A$ senior unsecured note tranches maturing 2032 and 2037

Rhea-AI Filing Summary

HSBC Holdings plc reported issuing three new Australian dollar senior unsecured note tranches under its A$50,000,000,000 Debt Issuance Programme. The bank sold A$450,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2032, A$400,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2037 and A$550,000,000 Floating Rate Senior Unsecured Notes due 26 May 2032.

The Notes are being listed on the Official List of Euronext Dublin and traded on its Global Exchange Market, broadening HSBC’s access to institutional debt investors. The filing also notes HSBC’s global scale, with assets of US$3,306bn as of 31 March 2026.

Insights

Bank funding and capital structure analyst

HSBC taps A$ markets with multi-tranche senior notes to diversify funding.

HSBC Holdings plc issued three senior unsecured note tranches in Australian dollars, maturing in 2032 and 2037. These sit under its large A$50,000,000,000 Debt Issuance Programme, indicating an established framework for recurring wholesale funding.

Senior unsecured notes rank ahead of equity but below secured debt, providing long-term funding without diluting shareholders. Listing on Euronext Dublin’s Global Exchange Market supports liquidity and access to international investors. The filing does not detail pricing, use of proceeds or any change to regulatory capital ratios.

With assets of US$3,306bn at 31 March 2026, the issuance appears proportionate to HSBC’s balance sheet scale. Subsequent disclosures in future reports may show how this funding fits into broader liability management and refinancing activity over the coming years.

Key Figures

Fixed-to-Floating Notes 2032: A$450,000,000 Fixed-to-Floating Notes 2037: A$400,000,000 Floating Rate Notes 2032: A$550,000,000 +3 more

6 metrics

Fixed-to-Floating Notes 2032 A$450,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2032

Fixed-to-Floating Notes 2037 A$400,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2037

Floating Rate Notes 2032 A$550,000,000 Floating Rate Senior Unsecured Notes due 26 May 2032

Debt Issuance Programme size A$50,000,000,000 Overall capacity of HSBC’s Debt Issuance Programme

Total assets US$3,306bn HSBC assets as of 31 March 2026

Form type Form 6-K Report of Foreign Private Issuer for May 2026

Key Terms

Fixed-to-Floating Rate Senior Unsecured Notes, Floating Rate Senior Unsecured Notes, Debt Issuance Programme, Global Exchange Market, +2 more

6 terms

Fixed-to-Floating Rate Senior Unsecured Notes financial

"A$450,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2032"

A fixed-to-floating rate senior unsecured note is a type of corporate loan-like security that pays a set interest rate for an initial period and then switches to a variable interest rate tied to a common short-term benchmark. “Senior” means it has higher repayment priority than lower-ranked debts, while “unsecured” means it isn’t backed by specific collateral. Investors care because it combines early income predictability with later sensitivity to market interest rates and the issuer’s credit strength — like a mortgage that starts with fixed payments then becomes adjustable.

Floating Rate Senior Unsecured Notes financial

"A$550,000,000 Floating Rate Senior Unsecured Notes due 26 May 2032"

Debt Issuance Programme financial

"under its A$50,000,000,000 Debt Issuance Programme"

Global Exchange Market financial

"to trade the Notes on the Global Exchange Market of Euronext Dublin"

Regulation S regulatory

"persons, as defined in Regulation S under the Securities Act"

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

Securities Act of 1933 regulatory

"not been and will not be registered under the United States Securities Act of 1933"

Form 6-K: How Foreign Companies Report to the SEC →

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

For the month of May

HSBC Holdings plc

8 Canada Square, London E14 5HQ, England

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).

Form 20-F X Form 40-F  

 26 May 2026

HSBC HOLDINGS PLC

ISSUANCE OF SENIOR UNSECURED NOTES

On 26 May 2026, HSBC Holdings plc issued A$450,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2032, A$400,000,000 Fixed-to-Floating Rate Senior Unsecured Notes due 26 May 2037 and A$550,000,000 Floating Rate Senior Unsecured Notes due 26 May 2032 (together, the 'Notes') under its A$50,000,000,000 Debt Issuance Programme.

Application has been made to list the Notes on the Official List of the Irish Stock Exchange plc trading as Euronext Dublin ('Euronext Dublin') and to trade the Notes on the Global Exchange Market of Euronext Dublin.

Investor enquiries to:

Greg Case                    +44 (0) 20 7992 3825                 investorrelations@hsbc.com

Media enquiries to:

Press Office                 +44 (0) 20 7991 8096                 pressoffice@hsbc.com

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world's largest banking and financial services organisations.

DISCLAIMER - INTENDED ADDRESSEES

The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), or any state securities laws and, unless so registered, may not be offered or sold within the United States or to, or for the account or the benefit of, US persons, as defined in Regulation S under the Securities Act, except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act and in compliance with any applicable state securities laws.

ends/all

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HSBC Holdings plc

By:

Name: Angela McEntee

Title: Group Company Secretary

Date: 26 May 2026

FAQ

What debt securities did HSBC (HSBC) issue in May 2026?

HSBC issued three senior unsecured note tranches: A$450,000,000 Fixed-to-Floating Notes due 26 May 2032, A$400,000,000 Fixed-to-Floating Notes due 26 May 2037, and A$550,000,000 Floating Rate Notes due 26 May 2032, all under its A$50,000,000,000 Debt Issuance Programme.

Under which programme were HSBC (HSBC) May 2026 notes issued?

The notes were issued under HSBC’s A$50,000,000,000 Debt Issuance Programme. This framework allows HSBC to raise funding in the Australian dollar market through multiple note offerings over time, using standardised documentation and listing arrangements on Euronext Dublin’s Global Exchange Market.

Where will HSBC (HSBC) May 2026 notes be listed and traded?

HSBC has applied to list the notes on the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin, and to trade them on Euronext Dublin’s Global Exchange Market. This provides institutional investors with an established venue and regulatory framework for secondary market trading.

What are HSBC (HSBC) total assets mentioned in the May 2026 filing?

HSBC reports assets of US$3,306bn as of 31 March 2026. This figure highlights the group’s large global balance sheet, supporting its status as one of the world’s largest banking and financial services organisations with operations across 56 countries and territories.

Are HSBC (HSBC) May 2026 notes registered under the U.S. Securities Act?

The notes have not been and will not be registered under the U.S. Securities Act of 1933. They may not be offered or sold within the United States or to U.S. persons unless an exemption from registration applies and any relevant state securities laws are fully observed.