HSBC (NYSE: HSBC) removes 2026 senior unsecured notes from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
HSBC Holdings plc is removing two debt securities from trading on the New York Stock Exchange. The securities are its 4.292% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026 and its Floating Rate Senior Unsecured Notes due 2026. The NYSE filed Form 25 to strike these classes of notes from listing and registration after the issuer complied with exchange rules for voluntary withdrawal.
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FAQ
What securities is HSBC (HSBC) removing from the NYSE?
HSBC is delisting two senior unsecured note issues due 2026. These are its 4.292% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026 and separate Floating Rate Senior Unsecured Notes due 2026, which are being removed from NYSE listing and registration.
What is the purpose of HSBC's Form 25 filing on the NYSE?
The Form 25 notifies regulators that certain HSBC notes are being delisted. The New York Stock Exchange is striking these 2026 senior unsecured notes from listing and registration after HSBC followed the exchange’s rules for voluntary withdrawal.
Is HSBC’s delisting of the 2026 notes voluntary?
Yes, the removal of HSBC’s 2026 notes is described as voluntary. The filing states that the issuer complied with the exchange’s rules and with 17 CFR 240.12d2-2(c), which governs voluntary withdrawal of a class of securities from listing and registration.
Which exchange is affected by HSBC’s delisting of its 2026 notes?
The New York Stock Exchange is the affected market. HSBC Holdings plc has coordinated with the New York Stock Exchange LLC, which filed Form 25 to strike the 2026 senior unsecured notes from listing and withdraw their registration on that exchange.
Who signed the NYSE delisting notification for the HSBC notes?
The notification was signed on behalf of the NYSE by Anthony Sozzi. He is identified as an Analyst in Market Watch, certifying that the exchange has reasonable grounds to believe it meets all requirements for filing Form 25 for the HSBC notes.