HSBC Holdings plc filed a Form 6-K on 5 November 2026 disclosing the Make-Whole Redemption Amount for its US$2,250,000,000 7.390% Fixed Rate/Floating Rate Senior Unsecured Notes due 2028, with redemption set for 9 November 2026.

Key Highlights

  • Redemption price determined: The Make-Whole Redemption Amount was determined on 4 November 2026 to be US$1,023.55 per US$1,000 principal amount of the Securities.
  • Outstanding principal: US$1,276,632,000 principal amount of the Securities remains outstanding as of the notice date.
  • Redemption date: The Make-Whole Redemption is scheduled for 9 November 2026, as stated in the Notice of Redemption issued on 29 October 2026.
  • Interest payment: Accrued but unpaid interest from (and including) 3 November 2026 to (but excluding) the Redemption Date will be paid on the Redemption Date.
  • Security identifiers: CUSIP No. 404280DR7; ISIN: US404280DR76, subject to the disclaimer noted in the filing.
  • Surrender location: Securities are to be surrendered at HSBC Bank USA, 66 Hudson Boulevard East, 545W9, New York, NY 10001.

HSBC Fixes Make-Whole Redemption Terms for 7.390% Senior Unsecured Notes Due 2028

According to the Form 6-K filed with the Securities and Exchange Commission on 5 November 2026, HSBC Holdings plc (NYSE:HSBC) determined the Make-Whole Redemption Amount for its 7.390% Fixed Rate/Floating Rate Senior Unsecured Notes due 2028. The filing states that the amount was determined on 4 November 2026 to be US$1,023.55 per US$1,000 principal amount of the Securities outstanding.

The filing discloses that on 29 October 2026, a Notice of Redemption was given to holders, indicating that the issuer had elected to redeem the Securities in whole. The redemption is to be carried out pursuant to Section 11.04 of the Base Indenture and several sections of the Twenty-Seventh Supplemental Indenture, including Sections 2.01(b), 2.02, 2.03(b), 3.01(b), 3.02, and 4.01(a). The Redemption Date is specified as 9 November 2026.

In addition to the Make-Whole Redemption Amount, the filing states that all accrued but unpaid interest from (and including) 3 November 2026 to (but excluding) the Redemption Date will be paid on the Redemption Date. The filing further notes that, subject to any conditions and limited circumstances contained in the Twenty-Seventh Supplemental Indenture, interest on the Securities shall cease to accrue on and after the Redemption Date. The document was signed by Angela McEntee, Group Company Secretary, on behalf of HSBC Holdings plc.

What Was Disclosed

HSBC Holdings plc disclosed the Make-Whole Redemption Amount of US$1,023.55 per US$1,000 principal amount for its 7.390% Senior Unsecured Notes due 2028, with US$1,276,632,000 outstanding, to be redeemed in full on 9 November 2026.