Notice of redemption

RNS Number : 7680N
HSBC Holdings PLC
02 February 2016
 

 

 

NOTICE OF REDEMPTION TO THE HOLDERS OF

 

HSBC Capital Funding (Euro 3) L.P.

(established as a limited partnership under the

Limited Partnerships (Jersey) Law 1994)

(the 'Issuer')

 

EUR750,000,000

5.13 per cent. Non-cumulative Step-up Perpetual Preferred Securities

(ISIN: XS0188853526 and Common code: 018885352)

(the 'Preferred Securities')

 

Pursuant to paragraph 4.2 of the terms of the Preferred Securities, notice is hereby irrevocably given to holders of the Preferred Securities that on 29 March 2016 (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 ('Optional Redemption Price') 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 Issuer shall be redeemed in whole for cash at a redemption price equal to the Optional Redemption Price.

 

For and on behalf of

HSBC (General Partner) Limited

As General Partner of

HSBC Capital Funding (Euro 3) L.P.

 

 

Investor enquiries to:

 

 

Rebecca Self

 

+44 (0) 20 7991 3643

rebecca.self@hsbc.com

 

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 6,100 offices in 72 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,549bn at 30 September 2015, HSBC is one of the world's largest banking and financial services organisations.

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
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