New bond issue: HSBC Holdings plc issued international bonds for USD 3,000.0m with a 6% until 22.05.2027, then 5Y USD Swap Rate + 3.746% coupon.

May 16, 2017 - Cbonds

 

HSBC Holdings plc issued international bonds for USD 3,000.0m with a 6% until 22.05.2027, then 5Y USD Swap Rate + 3.746% coupon. Bonds were sold at a price of 100%. Bookrunner: HSBC
Depository: Euroclear Bank, Clearstream Banking S.A..
Share:
Issuer, issue numberHSBC Holdings plc, 6% perp., USD (Conv.)
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount3,000,000,000
ISINUS404280BL25
End of placement05/15/2017
Initial issue price100
Coupon6% until 22.05.2027, then 5Y USD Swap Rate + 3.746%
Coupon frequency2 time(s) per year
Settlement date05/22/2017
Issue ManagersBookrunner: HSBC Depository: Euroclear Bank, Clearstream Banking S.A.
Issuer: HSBC Holdings plc
Issuer profile:
HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship... more
Outstanding issues:
15 issuesUSD29,426,300,000
6 issuesEUR8,750,000,000
1 issuesCAD1,000,000,000
1 issuesGBP1,000,000,000
1 issuesNOK5,900,000,000
Issuer rating:
S&P Global RatingsA/NegativeForeign Currency LT07/07/2016
S&P Global RatingsA/NegativeLocal Currency LT07/07/2016
Fitch RatingsAA-/StableLT Int. Scale (foreign curr.)12/13/2016