Obbligazione HSBC Premier 0% ( XS2232099981 ) in GBP

Emittente HSBC Premier
Prezzo di mercato 100 GBP  ⇌ 
Paese  Regno Unito
Codice isin  XS2232099981 ( in GBP )
Tasso d'interesse 0%
Scadenza 17/09/2021 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione HSBC XS2232099981 in GBP 0%, scaduta


Importo minimo 100 000 GBP
Importo totale 150 000 000 GBP
Descrizione dettagliata HSBC Holdings plc è una banca multinazionale britannica con sede a Londra, operante in oltre 60 paesi e territori nel mondo.

The Obbligazione issued by HSBC Premier ( United Kingdom ) , in GBP, with the ISIN code XS2232099981, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 17/09/2021







FINAL TERMS
Final Terms dated 16 September 2020
Series No: 2020-1
Tranche No: 1
HSBC UK Bank plc
(a company incorporated in England with registered number 09928412; the liability of its members is limited)
Debt Issuance Programme
Legal Entity Identifier (LEI): 21380081EP12LC86CB82
Issue of
GBP 150,000,000 Floating Rate Notes due 2021 (the "Notes")
MiFID II product governance / Professional investors and ECPs only target market - Solely for the purposes
of each 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 in the European Economic Area ("EEA") or in the United
Kingdom (the "UK") 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 in the EEA or in the UK are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturers' 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 manufacturers' target market assessment)
and determining appropriate distribution channels.
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 2 June 2020 in relation to the above Programme, as supplemented by the supplement thereto
dated 18 August 2020 which together constitute a base prospectus (the "Base Prospectus") for the purposes of
Regulation (EU) 2017/1129 (the "Prospectus Regulation"). This document constitutes the Final Terms of the Notes
described herein for the purposes of the Prospectus Regulation and must be read in conjunction with the Base Prospectus.
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 the Prospectus Regulation, the Base Prospectus is available for viewing
at www.hsbc.com (please follow links to 'Investors', 'Fixed income investors', 'Issuance programmes') and copies
may be obtained from HSBC UK Bank plc, 1 Centenary Square, Birmingham B1 1HQ, United Kingdom.
1.
Issuer:
HSBC UK Bank plc
2.
(i)
Series number:
2020-1
(ii)
Tranche number:
1
(iii)
Date on which the Notes become
Not Applicable
fungible:
3.
Specified Currency:
British Pound ("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:
100.549 per cent. of the Aggregate Principal Amount
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6.
(i)
Specified
Denomination(s):
GBP 100,000
(Condition 1(d))
(ii)
Calculation Amount:
GBP 100,000
7.
(i)
Issue Date:
17 September 2020
(ii)
Interest Commencement Date:
Issue Date
(iii)
CNY Issue Trade Date:
Not Applicable
8.
Maturity Date:
Interest Payment Date falling in or nearest to
(Condition 6(a))
September 2021
9.
Interest basis:
SONIA + 0.75 per cent. Floating Rate Notes
(Conditions 3 to 5)
(a)
Change of interest basis:
Not Applicable
10.
Redemption basis:
Redemption at par
(Condition 6)
11.
Put/Call options:
Not Applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
12.
Fixed Rate Notes and Resettable Notes:
Not Applicable
(Condition 3)
13.
Floating Rate Note provisions:
Applicable. The Notes are Floating Rate Notes
(Condition 4)
(i)
Interest Payment Dates
17 March, 17 June, 17 September and 17 December
in each year commencing on 17 December 2020 and
ending on 17 September 2021, in each case subject
to adjustment in accordance with the Business Day
Convention
(ii)
Reference Rate:
SONIA
(iii)
Relevant Period:
Not Applicable
(iv)
Screen Rate Determination:
Applicable
(a)
Relevant Screen Page:
Reuters Screen SONIA Page
(b)
Relevant Time:
Not Applicable
(c)
Relevant Financial Centre:
Not Applicable
(d)
Reference Banks:
Not Applicable
(e)
Relevant Number of Quotations: Not Applicable
(f)
Leading Banks:
Not Applicable
(g)
ISDA Determination for
Not Applicable
Fallback provisions:
(h)
Determination Method
Compounded Daily Rate
(i)
Observation Method:
Observation Shift
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(1)
Observation Shift
Standard Shift
Option:
(j)
Y:
365
(k)
"p":
5
(l)
ARRC Fallbacks:
Not Applicable
(m)
Benchmark Replacement:
Not Applicable
(n)
Effective Interest Payment
Not Applicable
Dates:
(v)
ISDA Determination:
Not Applicable
(vi)
Interest Determination Date(s):
The fifth Business Day falling prior to each Interest
Payment Date
(vii)
Linear Interpolation:
Not Applicable
(viii)
Margin:
+ 0.75 per cent. per annum
(ix)
Day Count Fraction:
Actual/365 (Fixed)
(x)
Determination Date(s):
Not Applicable
(xi)
Business Day Centre(s): London
(Condition 4(b))
(xii)
Business Day Convention:
Modified Following Business Day Convention
(xiii)
Maximum Rate of Interest:
Not Applicable
(xiv)
Minimum Rate of Interest:
0 (zero) per cent. per annum
14.
Zero Coupon Note provisions:
Not Applicable
(Condition 5)
PROVISIONS RELATING TO REDEMPTION
15.
Final Redemption Amount:
GBP 100,000 per Calculation Amount
(Condition 6(a))
16.
Issuer's optional redemption (Call):
Not Applicable
(Condition 6(c))
17.
Noteholder's optional redemption (Put):
Not Applicable
(Condition 6(d))
18.
Redemption for taxation reasons:
Not Applicable
(Condition 6(b)(iii))
19.
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)
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GENERAL PROVISIONS APPLICABLE TO THE NOTES
20.
Form of Notes:
Bearer
(Condition 1(a))
21.
(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 and/or Definitive
Permanent Global Note
Bearer Notes:
(Condition 1(a))
(iii)
Permanent Global Note
Yes
exchangeable for Definitive
Bearer Notes:
(iv)
Coupons to be attached to
Yes
Definitive Bearer Notes:
(v)
Talons for future Coupons to be
No
attached to Definitive Bearer
Notes:
(vi)
Definitive Bearer Notes to be
Yes
security printed:
(vii)
Definitive Bearer Notes to be in
Yes
ICMA or successor's format:
(b)
If issued in registered form:
Not Applicable
22.
Exchange Date for exchange of Temporary Global
Not earlier than 40 days after the Issue Date
Note:
23.
Payments:
(Condition 8)
Relevant Financial Centre Day:
London
24.
U.S. selling restrictions:
TEFRA D
Regulation S Compliance Category 2
25.
Prohibition of Sales to EEA and UK Retail
Not Applicable
Investors:
CONFIRMED
HSBC UK BANK PLC
By: ...............................................................................
Authorised Signatory
Date:16 September 2020
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PART B - OTHER INFORMATION
1.
LISTING
(i)
Listing:
Application will be made for the Notes to be admitted to listing on
the Official List of the FCA with effect from 17 September 2020.
(ii)
Admission to trading:
Application will be made for the Notes to be admitted to trading on
the Main Market of the London Stock Exchange plc with effect
from 17 September 2020.
2.
RATINGS
Ratings:
The long term senior debt of HSBC UK Bank plc has been rated:
S&P:
A+
Moody's:
Aa3
Fitch:
AA-


The Notes are expected to be rated:
S&P:
A+
Moody's:
Aa3
Fitch:
AA-
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees and commissions payable to HSBC Bank plc as Relevant 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 offer.
4.
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 4,500.
OPERATIONAL INFORMATION
5.
ISIN Code:
XS2232099981
6.
Common Code:
223209998
7.
FISN:
HSBC UK BANK PL/VAR MTN 20210917, as updated, 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.
8.
CFI code:
DTVXFB, as updated, 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.
9.
New Global Note or Classic Global Note:
New Global Note
10.
Global Registered Note to be held under
No
the New Safekeeping Structure:
11.
New Global Note intended to be held in a
Yes
manner which would allow Eurosystem
eligibility:
Note that the designation "yes" simply means that the Notes are
intended upon issue to be deposited with one of the ICSDs as
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common safekeeper and does not necessarily mean that the Notes
will be recognised as eligible collateral for Eurosystem monetary
policy and intra day credit operations by the Eurosystem either upon
issue or at any or all times during their life. Such recognition will
depend upon the ECB being satisfied that Eurosystem eligibility
criteria have been met.
12.
Registered Global Notes intended to be Not Applicable
held in a manner which would allow
Eurosystem eligibility:
13.
Any clearing system(s) other than None
Euroclear and Clearstream, Luxembourg
and the relevant identification number(s):
14.
Settlement procedures:
Medium Term Note
15.
Name and address of initial Paying HSBC Bank plc 8 Canada Square, London E14 5HQ
Agent(s):
16.
Name and address of additional Paying None
Agent(s) (if any):
17.
Calculation Agent:
HSBC Bank plc
18.
Transfer Agent:
Not Applicable
19.
Registrar:
Not Applicable
20.
City in which specified office of Registrar Not Applicable
to be maintained:
(Condition 11)

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:

(iii)
Date of Subscription Agreement:
Not Applicable

(iv)
Stabilisation Manager(s) (if any):
Not Applicable
23.
If non-syndicated, name of Relevant HSBC Bank plc
Dealer:

BENCHMARKS

24.
Details of benchmarks administrators and SONIA is provided by the Bank of England. The registration
registration under Benchmarks Regulation: requirements under the Benchmarks Regulation do not apply to
the Bank of England and accordingly it does not appear in the
register of administrators and benchmarks established and
maintained by ESMA pursuant to Article 36 of the Benchmarks
Regulation.


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