C.L. King acted as a Co-Manager for HSBC Holdings PLC in its $7B 5-tranche debt offering consisting of $1.5B 4.899% 4NC3 Fixed to Floating Senior Unsecured Notes due 3/3/29, $750M SOFR+103 4NC3 Floating Senior Unsecured Notes due 3/3/29, $1.75B 5.13% 6NC5 Fixed to Floating Senior Unsecured Notes due 3/3/31, $750M SOFR+129 6NC5 Floating Senior Unsecured Notes due 3/3/31 and $2.25B 5.45% 11NC10 Fixed to Floating Senior Unsecured Notes due 3/3/36 (NYSE:HSBC). These issues were rated A3/A-/A+.