Every 424B that HSBC Holdings plc (HSBC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow HSBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HSBC filings page.
HSBC Holdings plc (HSBC) is issuing £750,000,000 principal amount of 6.061% Fixed Rate/Floating Rate Senior Unsecured Notes due September 11, 2035 under its shelf registration. The Notes pay a fixed 6.061% coupon annually until September 11, 2034, then switch to a quarterly floating rate of Compounded Daily SONIA + 1.440%.
The Notes are senior unsecured obligations ranking pari passu with HSBC’s other senior indebtedness and are subject to the UK bail-in power, which can result in write-down or conversion with no acceleration for non-payment, except upon certain winding-up events. HSBC may redeem the Notes at a make-whole price from March 11, 2027 to September 11, 2034 and at par on September 11, 2034, and also upon specified tax or Loss Absorption Disqualification Events, in each case subject to regulatory conditions.
The Notes are offered at 100.000% of principal, with an underwriting discount of 0.350%, generating expected gross proceeds to HSBC of £747,375,000 before expenses for general corporate purposes. Minimum denomination is £100,000, application will be made to list the Notes on the New York Stock Exchange, and sales are targeted to professional investors and eligible counterparties, excluding EEA and UK retail investors.
HSBC Holdings plc is offering sterling-denominated fixed rate/floating rate senior unsecured notes under its Form F-3 shelf registration. The notes pay a fixed annual rate from the issue date in September 2026 to a later reset date, then a quarterly floating rate based on Compounded Daily SONIA plus a margin until maturity.
HSBC may, at its discretion, redeem the notes during a defined Make-Whole Redemption Period, on a specified par redemption date, upon certain tax events, or after a Loss Absorption Disqualification Event, subject to regulatory consent. Noteholders explicitly agree that the instruments are subject to the UK “bail-in” regime, with no acceleration right for non‑payment and remedies largely limited to winding‑up proceedings. The notes will be issued in minimum denominations of £100,000, settled through Clearstream and Euroclear, with an application for listing on the New York Stock Exchange and proceeds expected to be used for general corporate purposes.
HSBC Holdings plc is issuing three series of U.S. dollar senior unsecured notes totaling $6.75 billion under its shelf registration. The issue comprises $2.5 billion 5.243% fixed-to-floating notes due 2032, $3.25 billion 5.729% fixed-to-floating notes due 2037, and $1 billion floating-rate notes due 2032.
The fixed/floating notes pay fixed coupons to August 14 2031 (2032 series) and August 14 2036 (2037 series), then reset quarterly to SOFR plus 1.160% and 1.470%, respectively. The 2032 floating-rate notes pay quarterly at SOFR plus 1.150% to maturity on August 14 2032. All series are issued at 100% of principal and are expected to list on the New York Stock Exchange.
HSBC may redeem the fixed/floating notes at a make-whole price from February 14 2027 until one year before maturity, and at par on designated par redemption dates; the floating-rate notes are redeemable at par on August 14 2031. Investors expressly accept UK bail-in powers, limited acceleration rights (generally only upon winding-up), SOFR benchmark transition mechanics and restrictions on retail sales in the EEA and UK.
HSBC Holdings plc is offering $1,500,000,000 of 6.750% Perpetual Subordinated Contingent Convertible Securities. The Securities are perpetual, pay discretionary semiannual interest initially at 6.750%, reset every five years, and may have interest cancelled at HSBC’s sole discretion. An Automatic Conversion will occur if the issuer’s CET1 Ratio is below 7.0%, converting the Securities into Ordinary Shares or Conversion Shares Offer Consideration. The Securities are subject to UK bail-in powers and may be redeemed for tax, regulatory or other specified reasons; proceeds to HSBC before expenses are $1,485,000,000.
HSBC Holdings plc is offering perpetual subordinated contingent convertible securities that are resettable, callable and subject to discretionary interest cancellation and automatic conversion if the issuer’s consolidated common equity Tier 1 ratio (the CET1 Ratio) falls below 7.0%. The securities are perpetual with no fixed maturity, may be redeemed for tax or regulatory reasons or during Optional Redemption Periods, and will convert into ordinary shares or Conversion Shares Offer Consideration upon a Capital Adequacy Trigger Event.
The prospectus supplement details key investor protections and limitations: interest payments may be cancelled at HSBC’s sole discretion, holders consent to UK bail-in powers and variation of terms to give effect to resolution powers, and Conversion Shares may be delivered via a Conversion Shares Depository or sold with proceeds distributed pro rata. The securities are intended for professional/institutional investors and are not available to UK/EEA retail investors.
HSBC Holdings plc is offering two series of senior unsecured notes: $2,250,000,000 4.711% fixed-to-floating notes maturing May 12, 2030 and $2,250,000,000 5.208% fixed-to-floating notes maturing May 12, 2034. Interest is fixed from the Issue Date to specified Par Redemption cutoffs, then converts to a quarterly floating rate based on compounded daily SOFR plus a stated margin (0.940% for 2030 notes; 1.320% for 2034 notes). HSBC may redeem the notes under make-whole or par redemption mechanics, upon certain tax events, or upon a Loss Absorption Disqualification Event. Purchasers agree to be bound by any exercise of the UK bail-in power and related variations of the notes or indenture. The offering is expected to be listed on the New York Stock Exchange and to settle on or about May 12, 2026.
HSBC Holdings plc is offering fixed-rate/floating-rate senior unsecured notes under a preliminary prospectus supplement dated May 7, 2026. The supplement describes the notes’ interest mechanics (initial fixed rates switching to SOFR-based floating rates), optional redemption features, UK bail-in consent and benchmark transition provisions.
HSBC Holdings plc is offering four series of senior unsecured notes: $2.0B 4.398% fixed-to-floating notes due 2030, $2.0B 4.675% fixed-to-floating notes due 2032, $2.75B 5.279% fixed-to-floating notes due 2037 and $1.25B floating-rate notes due 2032.
The notes pay fixed interest initially and convert to SOFR-based compounded daily floating rates after specified fixed periods, include issuer redemption features (make-whole and par redemptions), and contain provisions consenting to the possible exercise of UK bail-in powers and benchmark transition mechanisms.
HSBC Holdings plc launched three senior unsecured note offerings: $2,250,000,000 4.619% fixed-to-floating notes due 2031, $2,250,000,000 5.133% fixed-to-floating notes due 2036, and $500,000,000 floating-rate notes due 2031. The 2031 series pay 4.619% until November 6, 2030, then a SOFR-based floating rate plus 1.190% to maturity on November 6, 2031. The 2036 series pay 5.133% until November 6, 2035, then a SOFR-based floating rate plus 1.430% to maturity on November 6, 2036. The $500,000,000 tranche pays a SOFR-based floating rate plus 1.190% to November 6, 2031.
Redemption terms include make-whole for the fixed/floating tranches and par calls on November 6, 2030 (2031 notes) and November 6, 2035 (2036 notes); the floating-rate notes are callable at par on November 6, 2030. Expected NYSE listing is within 30 days of initial delivery. Stated proceeds before expenses are $2,243,250,000, $2,241,000,000, and $498,500,000, with underwriting discounts shown as 0.300%, 0.400%, and 0.300%, respectively. Key risks include agreement to UK bail-in powers and limited remedies with no acceleration for non-payment except upon certain winding-up events.