HSBC sells €3.75bn of senior euro notes
Rhea-AI Filing Summary
HSBC Holdings plc (HSBC) issued three euro-denominated senior unsecured note series under its Debt Issuance Programme and had them listed on the Official List of the FCA and admitted to trading on the Main Market of the London Stock Exchange on 22 September 2026.
The transaction comprises EUR1,000,000,000 Floating Rate Notes due 2030, EUR1,250,000,000 4.431% Fixed to Floating Rate Notes due 2032, and EUR1,500,000,000 4.777% Fixed to Floating Rate Notes due 2037. HSBC reports assets of US$3,438bn as of 30 June 2026 and notes that these securities are not registered under the U.S. Securities Act and are subject to offering restrictions.
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Key Figures
Floating Rate Notes due 2030: EUR1,000,000,000
4.431% Fixed to Floating Rate Notes due 2032: EUR1,250,000,000
4.777% Fixed to Floating Rate Notes due 2037: EUR1,500,000,000
+4 more
7 metrics
Floating Rate Notes due 2030
EUR1,000,000,000
Principal amount of Floating Rate Notes issued on September 22, 2026
4.431% Fixed to Floating Rate Notes due 2032
EUR1,250,000,000
Principal amount of 4.431% Fixed to Floating Rate Notes issued on September 22, 2026
4.777% Fixed to Floating Rate Notes due 2037
EUR1,500,000,000
Principal amount of 4.777% Fixed to Floating Rate Notes issued on September 22, 2026
Total euro notes issued
EUR3,750,000,000
Aggregate principal of the three note tranches issued under the Programme
Total assets
US$3,438,000,000,000
HSBC assets at June 30, 2026
Countries and territories served
56
Number of countries and territories where HSBC serves customers
Base prospectus date
March 30, 2026
Date of the base prospectus for the Debt Issuance Programme
Key Terms
Floating Rate Notes, Fixed to Floating Rate Notes, Debt Issuance Programme, Official List of the FCA, +2 more
6 terms
Floating Rate Notes financial
"EUR1,000,000,000 Floating Rate Notes due 2030"
Floating rate notes are debt securities that pay interest that adjusts periodically based on a short-term interest benchmark (for example, LIBOR or SOFR), so the cash interest you receive goes up or down with market rates. For investors they act like an adjustable-rate loan: they help protect income when overall interest rates rise and generally lose less value than fixed-rate bonds when rates move, making them useful for managing interest-rate risk.
Fixed to Floating Rate Notes financial
"4.431% Fixed to Floating Rate Notes due 2032"
Debt Issuance Programme financial
"issued ... under its Debt Issuance Programme"
Official List of the FCA regulatory
"listed on the Official List of the FCA and admitted"
Main Market of the London Stock Exchange plc market
"admitted to trading on the Main Market of the London Stock Exchange plc"
Regulation S under the Securities Act regulatory
"US persons, as defined in Regulation S under the Securities Act"
Regulation S under the Securities Act is a set of U.S. rules that allow companies to sell securities to investors located outside the United States without registering those sales with the U.S. securities regulator, provided the offerings are not marketed to U.S. residents. For investors this matters because it determines whether a security was issued under an offshore exemption, which affects who can buy it, how easily it can be traded, and which legal protections and reporting rules apply—similar to buying a product that was sold only in a foreign market and may have different rules or support.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What type and size of notes did HSBC (HSBC) issue in September 2026?
HSBC issued EUR1,000,000,000 Floating Rate Notes due 2030, EUR1,250,000,000 4.431% Fixed to Floating Rate Notes due 2032, and EUR1,500,000,000 4.777% Fixed to Floating Rate Notes due 2037 under its Debt Issuance Programme.
When were HSBC’s new notes admitted to trading on the London Stock Exchange?
The notes were admitted to trading on the Main Market of the London Stock Exchange and listed on the Official List of the FCA on 22 September 2026.
On which markets are HSBC’s September 2026 notes listed and traded?
The notes are listed on the Official List of the FCA and admitted to trading on the Main Market of the London Stock Exchange plc, as disclosed in the filing.
What are the key interest terms of HSBC’s new EUR notes?
HSBC issued a Floating Rate tranche due 2030, a 4.431% Fixed to Floating Rate tranche due 2032, and a 4.777% Fixed to Floating Rate tranche due 2037, all under its Debt Issuance Programme.
How large is HSBC compared with the new note issuance?
HSBC reports US$3,438bn in assets as of 30 June 2026. The new euro notes total EUR3.75bn, providing additional funding within the context of a very large global banking group.
Are HSBC’s September 2026 notes registered under the U.S. Securities Act of 1933?
No. The notes have not been and will not be registered under the U.S. Securities Act of 1933, and may be offered or sold in the United States only pursuant to an exemption or in transactions not subject to its registration requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
