New bond issue: HSBC issued international bonds for USD 605.0m maturing in 2047 with a 0% coupon.

March 08, 2017 - Cbonds

 

HSBC issued international bonds for USD 605.0m maturing in 2047 with a 0% coupon. Bonds were sold at a price of 100%. Bookrunner: HSBC.
Share:
Issuer, issue numberHSBC, 0% 28mar2047, USD (10957D)
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount605,000,000
ISINXS1577794867
End of placement03/07/2017
Initial issue price100
Coupon0%
Settlement date03/28/2017
Maturity date03/28/2047
Issue ManagersBookrunner: HSBC
Trading floorTaipei SE
Cbonds page: HSBC
Issuer profile:
HSBC Bank Plc is a global banking and financial services organizations. It provides a range of financial services to around 95 million customers through two customer groups, Personal Financial Services (PFS), including consumer finance, and Commercial Banking (CMB), and two global businesses, Global Banking and Markets (GB&M), and Global Private Banking (GPB). Its international network covers 87 countries and territories in six geographical regions; Europe, Hong Kong, Rest of Asia-Pacific, the Middle East, North America and Latin America. In May 2012, the Company’s 70.03% owned subsidiary, HSBC Bank Malta plc, sold its card acquiring business to HSBC Merchant Services Ltd.
Outstanding issues:
21 issuesRUR1,796,000,000
225 issuesUSD52,238,738,470
39 issuesEUR19,332,255,190
5 issuesCHF1,851,000,000
25 issuesGBP15,787,193,260
2 issuesJPY86,500,000,000
1 issuesKZT2,400,000,000
1 issuesSGD300,000,000
3 issuesZAR2,020,000,000
1 issuesAUD110,000,000
1 issuesHKD620,000,000
1 issuesZMW50,000,000
Issuer rating:
Moody's Investors ServiceAa2/NegativeLT- foreign currency06/28/2016
Moody's Investors ServiceAa2/NegativeLT- local currency06/28/2016
S&P Global RatingsAA-/NegativeForeign Currency LT07/07/2016
S&P Global RatingsAA-/NegativeLocal Currency LT07/07/2016
Fitch RatingsAA-/StableLT Int. Scale (foreign curr.)12/13/2016