Cleary Gottlieb represented long-time client HSBC Holdings plc in its offering of $2.5 billion of its 6.5% subordinated notes due 2037. The notes are listed on the New York Stock Exchange. The offerings closed on September 12 and October 18.
HSBC is one of the largest banking and financial services organizations in the world, with 10,000 properties in 83 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. The company provides a comprehensive range of financial services, including personal financial services and commercial banking.