C.L. King acted as Co-Manager for HSBC Holdings PLC in its $4.75B 2-part offering consisting of $2.25B 5.21% 6NC5 Fixed-to-Floating Rate Notes due 8/11/28 and $2.5B 5.402% 11NC10 Fixed-to-Floating Rates Notes due 8/11/2033. (NYSE:HSBC). This issue is rated A3/A-.