19 June
2024
HSBC UK BANK PLC
UPDATE OF THE GLOBAL COVERED BOND
PROGRAMME PUBLICATION OF BASE PROSPECTUS
On 19 June 2024, HSBC UK Bank plc
updated its €25 billion Global Covered Bond Programme, which is
unconditionally and irrevocably guaranteed as to payments by
HSBC UK Covered Bonds LLP.
The base prospectus relating to the
Global Covered Bond Programme has been approved by the Financial
Conduct Authority and is available for viewing. To view the full
document, please paste the following URL into the address bar of
your browser:
https://www.about.hsbc.co.uk/hsbc-uk/regulated-covered-bond-programme
The base prospectus has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
DISCLAIMER - INTENDED
ADDRESSEES
IMPORTANT: You must read the following before
continuing: The following applies to the base prospectus available
by clicking on the link above (the "Base Prospectus", which expression
includes the documents incorporated by reference therein) and you
are therefore advised to read this carefully before reading,
accessing or making any other use of the Base Prospectus. In
accessing the Base Prospectus, you agree to be bound by the
following terms and conditions, including any modifications to
them, any time you receive any information from us as a result of
such access.
NOTHING IN THIS ELECTRONIC PUBLICATION
CONSTITUTES AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY
THE COVERED BONDS OF HSBC UK BANK PLC IN THE UNITED STATES OR ANY
OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE COVERED BONDS
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT), OR THE
SECURITIES LAWS OR "BLUE SKY" LAWS OF ANY STATE OR OTHER
JURISDICTION OF THE U.S. AND THEREFORE MAY NOT BE OFFERED OR SOLD
WITHIN THE U.S. OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S.
PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT
(REGULATION S)), EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES
LAWS.
THE BASE PROSPECTUS MAY NOT BE FORWARDED OR
DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY
MANNER WHATSOEVER, AND, IN PARTICULAR, MAY NOT BE FORWARDED TO ANY
U.S. PERSON OR TO ANY U.S. ADDRESS. ANY FORWARDING, DISTRIBUTION OR
REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORISED.
FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF
THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER
JURISDICTIONS.
Please note that the information contained in
the Base Prospectus may be addressed to and/or targeted at persons
who are residents of particular countries (specified in the Base
Prospectus) only and is not intended for use and should not be
relied upon by any person outside these countries and/or to whom
the offer contained in the Base Prospectus is not addressed. Prior
to relying on the information contained in the Base Prospectus you
must ascertain from the Base Prospectus whether or not you are part
of the intended addressees of the information contained
therein.
Confirmation of your Representation: In order
to be eligible to view the Base Prospectus or make an investment
decision with respect to any Bonds issued or to be issued pursuant
to the Base Prospectus, you must be a person other than a U.S.
person (within the meaning of Regulation S under the Securities
Act). By accessing the Base Prospectus, you shall be deemed to have
represented that you and any customers you represent are not a U.S.
person, and that you consent to delivery of the Base Prospectus and
any supplements thereto via electronic publication.
You are reminded that the Base Prospectus has
been made available to you on the basis that you are a person into
whose possession the Base Prospectus may be lawfully delivered in
accordance with the laws of the jurisdiction in which you are
located and you may not, nor are you authorised to, deliver the
Base Prospectus to any other person.
The Base Prospectus does not constitute, and
may not be used in connection with, an offer or solicitation in any
place where offers or solicitations are not permitted by law. If a
jurisdiction requires that the offering be made by a licensed
broker or dealer and the underwriters or any affiliate of the
underwriters is a licensed broker or dealer in that jurisdiction,
the offering shall be deemed to be made by the underwriters or such
affiliate on behalf of HSBC UK Bank plc in such jurisdiction. Under
no circumstances shall the Base Prospectus constitute an offer to
sell, or the solicitation of an offer to buy, nor shall there be
any sale of any Bonds issued or to be issued pursuant to the Base
Prospectus, in any jurisdiction in which such offer, solicitation
or sale would be unlawful.
The Base Prospectus has been sent to you in an
electronic form. You are reminded that documents transmitted via
this medium may be altered or changed during the process of
electronic transmission and consequently none of HSBC UK Bank plc,
HSBC UK Covered Bonds LLP (the LLP), HSBC Bank plc (the Arranger),
the relevant Dealer(s) (as defined in the Base Prospectus) nor any
person who controls it nor any director, officer, employee or agent
of it or affiliate of any such person accepts any liability or
responsibility whatsoever in respect of any difference between the
Base Prospectus distributed to you in electronic format and the
hard copy version available to you on request from HSBC UK Bank
plc.