HSBC SC TO-I: Tender offer

HSBC

Filed with the SEC on · accession 0001628280-26-073638

HSBC filed a SC TO-I (sc to-i) with the SEC on Nov 13, 2026. HSBC filed Amendment No. 2 to its Schedule TO-I, announcing that the New Issue Condition for its tender offer to purchase up to $1.5 billion of its 6.000% Perpetual Subordinated Contingent Convertible Securities was satisfied after it closed a $1.5 billion offering of 7.625% Perpetual Subordinated… The stock moved +0.4% by the first close after the filing.

Summary of the filing

HSBC filed Amendment No. 2 to its Schedule TO-I, announcing that the New Issue Condition for its tender offer to purchase up to $1.5 billion of its 6.000% Perpetual Subordinated Contingent Convertible Securities was satisfied after it closed a $1.5 billion offering of 7.625% Perpetual Subordinated Contingent Convertible Securities.

Key details

Aggregate principal amount of 6.000% Perpetual Subordinated Contingent Convertible Securities subject to tender offer$1.5B
Aggregate principal amount of newly issued 7.625% Perpetual Subordinated Contingent Convertible Securities$1.5B
Issuer and offerorHSBC Holdings plc
Global head of markets treasury, hsbc holdings plcJames Murphy

How HSBC stock reacted

Close before

$89.08

Nov 12, 2026

First close after

+0.39%

$89.42

5 trading days

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Since filing

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Frequently asked questions

What did HSBC file with the SEC on Nov 13, 2026?

HSBC filed a SC TO-I (Tender offer). HSBC filed Amendment No. 2 to its Schedule TO-I, announcing that the New Issue Condition for its tender offer to purchase up to $1.5 billion of its 6.000% Perpetual Subordinated Contingent Convertible Securities was satisfied after it closed a $1.5 billion offering of 7.625% Perpetual Subordinated Contingent Convertible Securities.

What does a tender offer mean for HSBC stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a SC TO-I?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SC TO-I (sc to-i): A report the company filed with the SEC (the US market regulator).

How did HSBC stock react to this filing?

HSBC closed at $89.08 before the filing and $89.42 on Nov 13, 2026 (+0.39%).

Other HSBC SEC filings

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