Notice of Redemption

RNS Number : 6109E

HSBC Holdings PLC

14 May 2013

 



14 May 2013

NOTICE OF REDEMPTION TO THE HOLDERS OF

HSBC Capital Funding (Dollar 2) L.P.

(established as a limited partnership under the Limited Partnerships (Jersey) Law 1994)

(the "Issuer")

US$1,250,000,000

4.61% Non-cumulative Step-up Perpetual Preferred Securities

(Reg S ISIN: USG463802037 and Rule 144A ISIN: US40429Q2003)

(the "Preferred Securities")

Pursuant to Condition 4.2 of the Terms of the Preferred Securities, Notice is hereby irrevocably given to holders of the Preferred Securities that on 27 June 2013 (the "First Optional Redemption Date"), HSBC (General Partner) Limited, in its capacity as general partner of the Issuer will exercise its option to redeem all of the Preferred Securities outstanding at the stated nominal amount together with interest accrued to the First Optional Redemption Date in accordance with the Terms of the Preferred Securities.

On the First Optional Redemption Date, all of the Preferred Securities issued by the Limited Partnership shall be redeemed in whole for cash at a redemption price equal to the Optional Redemption Price (as such term is defined in the Limited Partnership Agreement relating to the Preferred Securities).

For and on behalf of

HSBC (General Partner) Limited

As General Partner of

HSBC Capital Funding (Dollar 2) L.P.

Investor enquiries to:
Nick Turnor Head of Debt Investor Relations	[phone] [phone]	[e-mail]
Media enquiries to:
Brendan McNamara	[phone]	[e-mail]

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 6,600 offices in over 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, and the Middle East and North Africa. With assets of US$2,681bn at 31 March 2013, the HSBC Group is one of the world's largest banking and financial services organisations.

 

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