Obligation HSBC Global plc 2.1003% ( XS2054215483 ) en GBP

Société émettrice HSBC Global plc
Prix sur le marché 100 %  ⇌ 
Pays  Royaume-Uni
Code ISIN  XS2054215483 ( en GBP )
Coupon 2.1003% par an ( paiement annuel )
Echéance 31/10/2025 - Obligation échue



Prospectus brochure de l'obligation HSBC Holdings plc XS2054215483 en GBP 2.1003%, échue


Montant Minimal 100 000 GBP
Montant de l'émission 150 000 000 GBP
Description détaillée HSBC Holdings plc est une banque multinationale britannique dont le siège social est à Londres, opérant dans plus de 60 pays et territoires, offrant une large gamme de services financiers aux particuliers, aux entreprises et aux institutions.

L'Obligation émise par HSBC Global plc ( Royaume-Uni ) , en GBP, avec le code ISIN XS2054215483, paye un coupon de 2.1003% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 31/10/2025







FINAL TERMS
EXECUTION VERSION
Final Terms dated 20 September 2019
Series No: 39
Tranche No: 1
HSBC Holdings plc
Debt Issuance Programme
Issue of
GBP 150,000,000 2.1003 per cent. Resettable Notes due October 2025
MiFID II product governance / Professional investors and ECPs only target market - Solely for the
purposes of the manufacturer's product approval process, the target market assessment in respect of the
Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients only, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all
channels for distribution of the Notes to eligible counterparties and professional clients are appropriate.
Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into
consideration the manufacturer's target market assessment; however, a distributor subject to MiFID II is
responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or
refining the manufacturer's target market assessment) and determining appropriate distribution channels.
PRIIPs Regulation / Prospectus Directive ­ PROHIBITION OF SALES TO EEA RETAIL
INVESTORS - The Notes are not intended to be offered, sold or otherwise made available to and should
not be offered, sold or otherwise made available to any retail investor in the European Economic Area
("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as
defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive
2002/92/EC, where that customer would not qualify as a professional client as defined in point (10) of
Article 4(1) of MiFID II. Consequently no key information document required by Regulation (EU) No
1286/2014 (the "PRIIPs Regulation") for offering or selling the Notes or otherwise making them available
to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise
making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
PART A ­ CONTRACTUAL TERMS
This document constitutes the Final Terms relating to the issue of the Tranche of Notes described herein.
Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the
"Conditions") set forth in the Base Prospectus dated 28 March 2019 in relation to the above Programme
(incorporating the Registration Document dated 28 March 2019) and the supplements thereto dated 14 May
2019 and 8 August 2019 which together constitute a base prospectus (the "Base Prospectus") for the
purposes of the Prospectus Directive (Directive 2003/71/EC) (as amended or superseded, the "Prospectus
Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of
Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus as so
supplemented. Full information on the Issuer and the offer of the Notes is only available on the basis of the
combination of these Final Terms and the Base Prospectus. Pursuant to Article 14 of the Prospectus
Directive, the Base Prospectus and the supplements thereto are available for viewing at www.hsbc.com
(please follow links to 'Investors', 'Fixed income investors', 'Issuance programmes') and copies may be
obtained from HSBC Bank plc, 8 Canada Square, London E14 5HQ.
1.
(i)
Issuer:
HSBC Holdings plc
2.
(i)
Series number:
39

(ii)
Tranche number:
1

(iii)
Date on which the Notes become
Not Applicable
fungible:
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3.
Specified Currency:
Pounds Sterling ("GBP")
4.
Aggregate Principal Amount of Notes

admitted to trading:

(i)
Series:
GBP 150,000,000

(ii)
Tranche:
GBP 150,000,000
5.
Issue Price:
100 per cent. of the Aggregate Principal Amount
6.
(i)
Specified Denomination(s):
GBP 100,000 and integral multiples of GBP 1,000
Condition 1(d)
in excess thereof up to and including GBP
199,000. No Notes in definitive form will be
issued with a denomination above GBP 199,000

(ii)
Calculation Amount
GBP 1,000
7.
(i)
Issue Date:
24 September 2019

(ii)
Interest Commencement Date:
Issue Date

(iii)
CNY Issue Trade Date:
Not Applicable
8.
Maturity Date:
31 October 2025
(Condition 6(a))
9.
Interest basis:
2.1003 per cent. Resettable Notes

(Conditions 3 to 5)


(a)
Change of interest basis:
Not Applicable


10. Redemption basis:
Redemption at par

(Condition 6)

11. Put/Call options:
Condition 6(c) will apply as specified below
12. Status of the Notes:
Not Subordinated Notes
(Condition 2)
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13. Fixed Rate Notes and Resettable Notes:
Applicable
(Condition 3)

(a)
Fixed Rate Note provisions:
Not Applicable
(Condition 3(a))

(b)
Resettable Note provisions:
Applicable. The Notes are Resettable Notes
(Condition 3(b))

(i)
Initial Rate of Interest:
2.1003 per cent. per annum payable annually in
arrear

(ii)
Resettable Coupon Amounts: In relation to the first Resettable Note Interest
Payment Date, GBP 2.1291 per Calculation
Amount
In relation to all subsequent Resettable Note
Interest Payment Dates up to (and including) the
Resettable Note Interest Payment Date falling on
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31 October 2024, GBP 21.0030 per Calculation
Amount

(iii)
First Margin:
+1.61 per cent. per annum

(iv)
Subsequent Margin:
Not Applicable

(v)
Resettable Note Interest 31 October in each year commencing on 31
Payment Date(s):
October 2019 and ending on 31 October 2025

(vi)
First Reset Date:
31 October 2024

(vii)
Second Reset Date:
Not Applicable

(viii)
Subsequent Reset Dates:
Not Applicable

(ix)
Day Count Fraction:
Actual/Actual (ICMA)

(x)
Determination Date(s):
31 October in each year

(xi)
Business Day Centre(s):
London

(xii)
Business Day Convention:
No Adjustment

(xiii)
Resettable Note Reference Benchmark Gilt Rate
Rate:

(xiv)
Mid-Swap Rate:
Not Applicable

(xv)
Reference Rate applicable to Not Applicable
Resettable Note Interbank
Rate:

(xvi)
Resettable Note Reference Not Applicable
Bond Rate:

(xvii)
Benchmark Duration:
Not Applicable
14. Floating Rate Note provisions:
Not Applicable
(Condition 4)

15. Zero Coupon Note provisions:
Not Applicable

(Condition 5)

PROVISIONS RELATING TO REDEMPTION
16. Issuer's optional redemption (Call):
Applicable

(Condition 6(c))


(i)
Early Redemption Amount (Call):
Optional Redemption Amount (Call)

(ii)
Optional Redemption Amount
GBP 1,000 per Calculation Amount
(Call):

(iii)
Make Whole Redemption Amount:
Not Applicable

(iv)
Series redeemable in part:
No

(v)
Call option date(s):
31 October 2024

(vi)
Call option period:
As per the Conditions
17. Noteholder's optional redemption (Put):
Not Applicable
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(Condition 6(d))
18. Redemption for taxation reasons:
Not Applicable
(Condition 6(b)(iii))
19. Redemption upon Capital Disqualification
Not Applicable
Event:
(Condition 6(h))
20. Redemption upon Loss Absorption
Applicable
Disqualification Event:
(Condition 6(i))

Loss Absorption Disqualification Event Early GBP 1,000 per Calculation Amount
Redemption Price:
21. Early redemption amount:


(i)
Early redemption amount upon
At par
redemption for taxation reasons:

(Condition 6(b))


(ii)
Early redemption amount upon
At par
enforcement:

(Condition 9)

22. Substitution or Variation:
Not Applicable
(Condition 6(k))

GENERAL PROVISIONS APPLICABLE TO THE NOTES
23. Form of Notes:


(Condition 1(a))
Bearer
24. (a)
If issued in bearer form:
Applicable

(i)
Initially represented by a Temporary Global Note
Temporary Global Note
or Permanent Global
Note:

(ii)
Temporary Global Note
Applicable
exchangeable for
Permanent Global Note
Permanent Global Note
and/or Definitive Bearer
Notes:

(Condition 1(a))


(iii)
Permanent Global Note
Yes. The Issuer waives its right to elect to exchange
exchangeable for
the Permanent Global Note for Definitive Bearer
Definitive Bearer Notes:
Notes in the circumstances described in paragraph (d)
of the Permanent Global Note

(iv)
Coupons to be attached
Yes
to Definitive Bearer
Notes:

(v)
Talons for future
No
Coupons to be attached
to Definitive Bearer
Notes:
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20 September 2019


PART B - OTHER INFORMATION
1.
LISTING
(i)
Listing:
Application has been made for the Notes to be
admitted to listing on the Official List of the Financial
Conduct Authority with effect from the Issue Date
(ii)
Admission to trading:
Application has been made for the Notes to be
admitted to trading on the Regulated Market of the
London Stock Exchange plc with effect from the Issue
Date
2.
RATINGS
Ratings:
The long-term senior debt of HSBC Holdings plc has
been rated:
S&P:
A
Moody's:
A2
Fitch:
AA-
The Notes are expected to be rated:
S&P:
A
Moody's:
A2
Fitch:
AA-
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees and commission payable to HSBC Bank plc as Dealer in relation to the Notes, so
far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to
the issue.
4.
YIELD
(i)
Indication of yield:
2.1003 per cent. per annum
The yield is calculated at the Issue Date on the basis
of the Issue Price for the period from the Issue Date
until the First Reset Date. It is not an indication of
future yield
5.
ESTIMATE OF THE TOTAL EXPENSES RELATED TO THE ADMISSION TO
TRADING
It is estimated that the total expenses to be incurred in relation to the admission to trading of the
Notes will be: GBP 4,725.
OPERATIONAL INFORMATION
6.
ISIN Code:
XS2054215483
7.
Common Code:
205421548
8.
FISN:
HSBC HOLDINGS P/2.1003 MTN 20251031, as set
out on the website of the Association of National
Numbering Agencies (ANNA) or alternatively
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sourced from the responsible National Numbering
Agency that assigned the ISIN
9.
CFI code:
DTFXFB, as set out on the website of the Association
of National Numbering Agencies (ANNA) or
alternatively sourced from the responsible National
Numbering Agency that assigned the ISIN
10. CUSIP Number:
Not Applicable
11. New Global Note or Classic Global Note: New Global Note
12. New Global Note intended to be held in a No
manner which would allow Eurosystem
eligibility:
Whilst the designation is specified as "no" at the date
of these Final Terms, should the Eurosystem eligibility
criteria be amended in the future such that the Notes
are capable of meeting them, then the Issuer may (in
its absolute discretion) elect to deposit the Notes with
one of the ICSDs as common safekeeper. Note that
this does not necessarily mean that the Notes will then
be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by the
Eurosystem at any time during their life. Such
recognition will depend upon the ECB being satisfied
that Eurosystem eligibility criteria have been met
13. Registered Global Notes intended to be Not Applicable
held in a manner which would allow
Eurosystem eligibility:
14. Any clearing system(s) other than None
Euroclear and Clearstream, Luxembourg
and the relevant identification number(s):
15. Settlement procedures:
Medium Term Note
16. Name and Address of Initial Paying HSBC Bank plc, 8 Canada Square, London E14 5HQ
Agent(s):
17. Additional Paying Agent(s) (if any):
None
18. Calculation Agent:
HSBC Bank plc
19. City in which specified office of Registrar Not Applicable
to be maintained:
(Condition 11)
20. CPDI Notes:
Not Applicable

DISTRIBUTION


21. Method of distribution:
Non-syndicated
22. (i)
If syndicated, names of Relevant Not Applicable
Dealer/ Lead Manager(s):

(ii)
If syndicated, names of other Not Applicable
Dealers/ Managers:
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(iii)
Date of Subscription Agreement: Not Applicable
(iv)
Stabilisation
Manager(s) (if Not Applicable
any):
23.
If non-syndicated, name of Relevant
HSBC Bank plc
Dealer:
BENCHMARKS
24.
Details of benchmarks administrators and
Not Applicable
registration under Benchmarks
Regulation:
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Document Outline