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HSBC – ISSUANCE OF TIER 1 CAPITAL SECURITIES
London, UK – 30 June, 2010 - HSBC Holdings Limited (the “Company”; Ticker: HSBC.BH) issued US$400,000,000 of 8.00 per cent Perpetual Subordinated Capital Securities, Series 2 (the "New Series 2 Capital Securities") which are innovative tier 1 securities and will form part of HSBC Holdings plc's tier 1 capital.
The New Series 2 Capital Securities form a part of the same series as, and are fungible with, the outstanding US$3,400,000,000 8.00 per cent Perpetual Subordinated Capital Securities, Series 2 issued by HSBC Holdings plc on 24 June 2010 ( the “Existing Series 2 Capital Securities” and, together with the New Series 2 Capital Securities, the “Series 2 Capital Securities”). The aggregate principal amount of the Series 2 Capital Securities now outstanding is US$3,800,000,000.
Application has been made to list the Series 2 Capital Securities on the New York Stock Exchange.
Investor enquiries to:
Nick Turnor
Head of Debt Investor Relations
Telephone: +44 (0)20 7992 5501
Mobile: +44 (0) 7801 933245
Media enquiries to:
Patrick McGuinness
Head of HSBC Group Press Office
Telephone: +44 (0) 20 7991 0111