Obbligazione HSBC Premier 0% ( XS2310943340 ) in GBP

HSBC Premier

100 GBP ⇌

Regno Unito

XS2310943340 ( in GBP )

0%

08/03/2023 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione HSBC XS2310943340 in GBP 0%, scaduta

100 000 GBP

220 000 000 GBP

HSBC Holdings plc è una banca multinazionale britannica con sede a Londra, operante in oltre 60 paesi e territori nel mondo.

L'emissione obbligazionaria con codice ISIN XS2310943340, giunta a scadenza e rimborsata, è stata curata da HSBC, uno dei maggiori gruppi bancari e di servizi finanziari a livello mondiale, con sede nel Regno Unito, paese di emissione del titolo. Questa obbligazione, denominata in Sterline Britanniche (GBP), faceva parte di un'emissione complessiva dal valore nominale di 220.000.000, con un lotto minimo di acquisto fissato a 100.000 unità. Caratterizzata da un tasso di interesse pari a zero, indicando che si trattava di un'obbligazione zero coupon, il titolo è stato rimborsato al 100% del suo valore nominale alla data di scadenza dell'8 marzo 2023, come da previsione, segnando la conclusione del suo ciclo di vita finanziario. La frequenza di pagamento, nominalmente una volta all'anno, per un titolo a tasso zero si concretizza nel rimborso unico del capitale alla scadenza.

FINAL TERMS
Final Terms dated 4 March 2021
Series No.:
2021-1
Tranche No.:
1
HSBC Bank plc
(a company incorporated in England with registered number 14259; the liability of its members is
limited)
Debt Issuance Programme
Legal Entity Identifier (LEI): MP6I5ZYZBEU3UXPYFY54
Issue of
GBP 220,000,000 Floating Rate Notes due 2023 (the "Notes")
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 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 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.
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 26 May 2020 in relation to the above Programme , as
supplemented by the supplements thereto dated 6 August 2020, 23 October 2020 and 25 February 2021
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 at HSBC Bank plc, 8 Canada Square, London E14 5HQ, United
Kingdom during normal business hours, and copies may be obtained from HSBC Bank plc, 8 Canada
Square, London E14 5HQ, United Kingdom.

1.
Issuer:
HSBC Bank plc
2.
(i)
Series number:
2021-1

(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 220,000,000

(ii)
Tranche:
GBP 220,000,000
5.
Issue Price:
101.4772 per cent. of the Aggregate Principal
Amount
6.
(i)
Specified Denomination(s)
GBP 100,000
(Condition 1(d)):

(ii)
Calculation Amount:
GBP 100,000
7.
(i)
Issue Date:
8 March 2021

(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))
March 2023
9.
Interest basis:
SONIA + 1.00 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
12.
Status of the Notes:
Not Subordinated Notes
(Condition 2)
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Notes and Resettable Notes
Not Applicable
(Condition 3)
14.
Floating Rate Note provisions:
Applicable. The Notes are Floating Rate Notes
(Condition 4)

(i)
Interest Payment Dates:
8 June, 8 September, 8 December and 8 March
in each year commencing on 8 June 2021 and
ending on 8 March 2023, 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 Not Applicable
Quotations:

(f)
Leading Banks:
Not Applicable

(g)
ISDA Determination for Not Applicable
Fallback provisions:

(h)
Determination Method:
Compounded Daily Rate

(i)
Observation Method:
Observation Shift

(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:
+ 1.00 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
15.
Zero Coupon Note provisions:
Not Applicable
(Condition 5)
PROVISIONS RELATING TO REDEMPTION
16.
Final Redemption Amount:
GBP 100,000 per Calculation Amount
(Condition 6(a))
17.
Issuer's optional redemption (Call):
Not Applicable
(Condition 6(c))

18.
Noteholder's optional redemption (Put):
Not Applicable
(Condition 6(d))
19.
Redemption for taxation reasons:
Not Applicable
(Condition 6(b)(iii))
20.
Redemption upon Capital Disqualification Not Applicable
Event:
(Condition 6(h))
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(j))
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Notes:
Bearer
(Condition 1 (a))

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
exchangeable for Definitive
Bearer Notes:

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

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

(vi)
Definitive Bearer Notes to Yes
be security printed:

(vii)
Definitive Bearer Notes to Yes
be in ICMA or successor's
format:

(b)
If issued in registered form:
Not Applicable
25.
Exchange Date for exchange of Temporary Not earlier than 40 days after the Issue Date
Global Note:
26.
Payments:

(Condition 8)

Relevant Financial Centre Day:
London
27.
U.S. selling restrictions:
TEFRA D

Regulation S Compliance Category 2
28.
Prohibition of Sales to EEA and UK Retail Not Applicable
Investors:

CONFIRMED
HSBC BANK plc

By:
.........................................................................
Authorised Signatory
4 March 2021
Date: .........................................................................

PART B OTHER INFORMATION
1.
LISTING

(i)
Listing:
Application will be made to admit the Notes to
listing on the Official List of the Financial
Conduct Authority pursuant to Listing Rule 17.
No assurance can be given as to whether or not,
or when, such application will be approved.

(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. No assurance can
be given as to whether or not, or when, such
application will be approved.
2.
RATINGS

Ratings:
The long term senior debt of HSBC Bank plc has
been rated:

S&P:
A+

Moody's:
A1

Fitch:
AA-

The Notes are expected to be rated:

S&P:
A+

Moody's:
A1
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 4,725.

OPERATIONAL INFORMATION
5.
ISIN Code:
XS2310943340
6.
Common Code:
231094334
7.
FISN:
HSBC BANK PLC/VAREMTN 20230300, 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:
DTVUFB, 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.
CUSIP Number:
Not Applicable
10.
Registered Notes held in accordance with No
New Safekeeping Structure:
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 held Not Applicable
in a manner which would allow Eurosystem
eligibility:
14.
Any clearing system(s) other than Euroclear None
and Clearstream, Luxembourg and the
relevant identification number(s):
15.
Settlement procedures
Medium Term Note
16.
Name and address of initial Paying Agent(s): HSBC Bank plc, 8 Canada Square, London E14
5HQ
17.
Name and address of additional Paying None
Agent(s) (if any):
18.
Calculation Agent:
HSBC Bank plc

19.
Transfer Agent:
Not Applicable
20.
Registrar:
Not Applicable
21.
City in which specified office of Registrar to Not Applicable
be maintained:

(Condition 11)

22.
CPDI Notes:
Not Applicable

DISTRIBUTION

23.
Method of distribution:
Non-syndicated
24.
(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
25.
If non-syndicated, name of Relevant Dealer:
HSBC Bank plc

BENCHMARKS

26.
Details of benchmarks administrators and SONIA is provided by the Bank of England.
registration under Benchmarks Regulation:
The registration requirements under the
Benchmarks Regulation and the Benchmarks
Regulation as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act
2018, as amended (the "UK 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 or
by the FCA pursuant to Article 36 of the UK
Benchmarks Regulation.