HSBC Holdings plc Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated September 24, 2025, serves as a Notice of Redemption and Cancellation of Listing for HSBC Holdings plc. The filing addresses two specific debt instruments: GBP1,000,000,000 2.256% Resettable Notes due November 2026 (Series 33) and EUR1,000,000,000 0.309% Fixed to Floating Rate Notes due 2026 (Series 40). As of June 30, 2025, HSBC reported total assets of US$3,214 billion.
Key Financial Metrics
The filing does not provide current period revenue, profit, cash flow, or margin data. The primary financial details relate to the redemption of the Notes:
- Series 33 Notes: Redemption price of GBP1,000 per Calculation Amount.
- Series 40 Notes: Redemption price of EUR1,000 per Calculation Amount.
- Interest: Both series will include accrued but unpaid interest from November 13, 2024, to the redemption date.
Material Changes
The material change announced is the exercise of the issuer's optional redemption right for both Series 33 and Series 40 Notes. Consequently, the listing of these Notes on the Official List of the Financial Conduct Authority and their admission to trading on the Main Market of the London Stock Exchange will be cancelled on or shortly after November 14, 2025.
Outlook and Management Commentary
Management has confirmed the irrevocable decision to redeem all outstanding Notes on November 13, 2025. Noteholders are instructed to monitor relevant clearing systems for repayment. The filing includes standard disclaimers that the Notes are not registered under the U.S. Securities Act of 1933 and may not be offered to U.S. persons without an exemption.
Investor Verification Checklist
- Verify the redemption date of November 13, 2025, for both Series 33 and Series 40 Notes.
- Confirm the cancellation of listing on the London Stock Exchange is effective on or shortly after November 14, 2025.
- Check clearing system instructions for the receipt of principal (GBP1,000/EUR1,000 per unit) and accrued interest.
- Review the specific ISIN codes (XS1716248197 for Series 33; XS2251736646 for Series 40) to ensure correct identification of holdings.