HSBC Holdings (HSBC) to remove 2027 senior unsecured notes from NYSE listing
Rhea-AI Filing Summary
HSBC Holdings plc is removing a specific class of debt securities from listing and registration on the New York Stock Exchange. The securities are its 5.887% Fixed Rate/Floating Rate Senior Unsecured Notes due 2027 and its Floating Rate Senior Unsecured Notes due 2027.
The New York Stock Exchange states it has complied with its own rules and the requirements of 17 CFR 240.12d2-2(b) to strike these notes from listing and/or withdraw their registration. HSBC is noted as having complied with the Exchange’s rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal.
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Key Figures
Coupon rate: 5.887%
Maturity year: 2027
Exchange telephone: +44 207 991 8888
3 metrics
Coupon rate
5.887%
Fixed Rate/Floating Rate Senior Unsecured Notes due 2027
Maturity year
2027
Senior Unsecured Notes series being removed from NYSE listing
Exchange telephone
+44 207 991 8888
Issuer’s principal executive office contact number
Key Terms
Form 25, Section 12(b), Senior Unsecured Notes, voluntary withdrawal
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"under SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
Senior Unsecured Notes financial
"Fixed Rate/Floating Rate Senior Unsecured Notes due 2027"
Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
FAQ
What securities is HSBC (HSBC) delisting from the NYSE?
HSBC is delisting its 5.887% Fixed Rate/Floating Rate Senior Unsecured Notes due 2027 and separate Floating Rate Senior Unsecured Notes due 2027 from the New York Stock Exchange, removing them from listing and registration under Section 12(b).
What is the interest rate on HSBC’s notes affected by this Form 25?
The affected series includes 5.887% Fixed Rate/Floating Rate Senior Unsecured Notes due 2027. Another class of Floating Rate Senior Unsecured Notes due 2027 is also being removed, though its specific coupon is not detailed in this notice.
Is HSBC’s Form 25 filing a voluntary withdrawal from the NYSE?
Yes. The notice states the issuer has complied with Exchange rules and 17 CFR 240.12d2-2(c), which governs the voluntary withdrawal of a class of securities from listing and registration on the Exchange.
Who certified the NYSE Form 25 filing for HSBC (HSBC)?
The filing is certified on behalf of New York Stock Exchange LLC and signed by Anthony Sozzi, Analyst, Market Watch, as a duly authorized person, indicating the Exchange believes it meets all requirements for submitting Form 25.
What regulations govern HSBC’s delisting of these 2027 notes?
The action is taken under Section 12(b) of the Securities Exchange Act of 1934 and implementing rules 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), covering Exchange-initiated and voluntary withdrawals from listing and registration.
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