HSBC Issues Perpetual Subordinated Convertible Securities
Why we think this is neutral
The RNS announcement does not contain any of the mandatory news types, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment is assessed as neutral.
Key Points
- Issuance of US$2,000,000,000 7.050% Perpetual Subordinated Contingent Convertible Securities
- Securities to be listed on the Global Exchange Market of Euronext Dublin
Summary
The major bank has issued perpetual subordinated convertible securities, providing additional financing options.
HSBC Holdings plc has announced the issuance of US$2,000,000,000 7.050% Perpetual Subordinated Contingent Convertible Securities. The securities were issued on 5 June 2025 and will be listed on the Global Exchange Market of Euronext Dublin.
GENERAL UPDATE