HSBC Mexico’s perpetual, non-preferred, non-convertible, subordinated bonds issuance

NHG advised HSBC México, in its issuance of perpetual, non-preferred, non-convertible, subordinated bonds for an amount of USD$180 million to strengthen its capital structure, with prior authorization of the Mexican Central Bank. The bonds were fully subscribed by its English affiliate HSBC Holdings plc., in a private offer.