Issuance of Tier 1 Capital Se

RNS Number : 2080O

HSBC Holdings PLC

24 June 2010

 



24 June 2010

HSBC ISSUANCE OF TIER 1 CAPITAL SECURITIES

On 24 June 2010, HSBC Holdings plc issued US$3,400,000,000 of 8.00 per cent Perpetual Subordinated Capital Securities, Series 2 (the "New Securities"). The New Securities are innovative tier 1 securities and will form part of HSBC Holdings plc's tier 1 capital.

Application has been made to list the New Securities on the New York Stock Exchange.

Investor inquiries to:

Nick Turnor

Head of Debt Investor Relations

Telephone: [phone]

Media inquiries to:

Patrick McGuinness

Head of HSBC Group Press Office

Telephone: [phone]

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,364 billion at 31 December 2009, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

 

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