NOTICE TO COVERED BONDHOLDERS

Transkript

1 NOTICE TO COVERED BONDHOLDERS (the "Issuer") 25 billion Covered Bond Programme guaranteed as to payments of interest and principal by Notice of amendments to the terms and conditions of: CHF 300,000, per cent. Covered Bonds due April 2017 (ISIN CH ) (the "Covered Bonds") NOTICE IS HEREBY GIVEN to the Covered Bondholders of the above Covered Bonds by the Issuer that pursuant to an amended and restated Covered Bond Trust Deed dated 11 February 2009, the terms and conditions of the Covered Bonds were amended (the "Terms and Conditions") in accordance with the terms of the Covered Bond Programme Documents. The Terms and Conditions of the Covered Bonds were amended to add the following paragraphs to the end of Condition 8(a) (Issuer Events of Default): "The Covered Bond Trust Deed provides that following the occurrence of an Issuer Event of Default, and the delivery of an Issuer Acceleration Notice any moneys received by the Covered Bond Trustee from the Issuer or any administrator, administrative receiver, receiver, liquidator, trustee in sequestration or other similar official appointed in relation to the Issuer (the "Excess Proceeds") shall be paid by the Covered Bond Trustee on behalf of the Covered Bondholders of the relevant Series to the Guarantor for its own account, as soon as practicable, and shall be held by the Guarantor in the Covered Bond Account, and the Excess Proceeds shall thereafter comprise part of the LLP Security and shall be used by the Guarantor in the same manner as all other moneys from time to time standing to the credit of the Covered Bond Account. Any Excess Proceeds received by the Covered Bond Trustee shall discharge the obligations of the Issuer in respect of the Covered Bonds, Receipts and Coupons to the extent of the amount so received. However, the obligations of the Guarantor under the Covered Bond Guarantee are (following service of a Notice to Pay or if earlier, service of an LLP Default Notice) unconditional and irrevocable and the receipt by the Covered Bond Trustee of any Excess Proceeds shall not reduce or discharge any such obligations. By subscribing for Covered Bond(s), each Covered Bondholder shall be deemed to have irrevocably directed the Covered Bond Trustee to pay the Excess Proceeds to the Guarantor in the manner as described above." The Terms and Conditions have been provided to the Swiss Principal Paying Agent to be made available for inspection by the above Covered Bondholders, and a copy will be provided by the Swiss Principal Paying Agent on request of a Covered Bondholder received at its specified office. The amended and restated Covered Bond Trust Deed is available for inspection at the specified office of the Swiss Principal Paying Agent. UK/ / /

2 Capitalised terms not otherwise defined in this notice have the meanings given in the Terms and Conditions of the Covered Bonds. 12 March 2009 Swiss Principal Paying Agent Credit Suisse Transaction Advisory Group, VVYC 2 Uetlibergstrasse 231 CH-8070 Zurich Attention: Transaction Advisory Group, VVYC 2 Fax: UK/ / /

3 NOTICE TO COVERED BONDHOLDERS (the "Issuer") 15 billion Covered Bond Programme guaranteed as to payments of interest and principal by Notice of amendments to the terms and conditions of: CHF 300,000, per cent. Covered Bonds due April 2017 (ISIN CH ) (the "Covered Bonds") NOTICE IS HEREBY GIVEN to the Covered Bondholders of the above Covered Bonds by the Issuer that pursuant to an amended and restated Covered Bond Trust Deed dated 19 November 2007 as further amended and restated on 11 April 2008 and an amended and restated LLP Security Deed dated 19 November 2007 as further amended and restated on 11 April 2008, the terms and conditions of the Covered Bonds were amended (the "Terms and Conditions") in accordance with the terms of the Covered Bond Programme Documents. The Terms and Conditions of the Covered Bonds were amended to reflect: (a) (b) consequential amendments resulting from the establishment of the RMBS Programme foreshadowed in the Base Prospectus dated 1 November 2006 and for certain LLP Events of Default, formerly described in the terms and conditions of the Covered Bonds, to be provided for in the amended and restated LLP Security Deed; and the introduction of The Regulated Covered Bond Regulations 2008 (SI 2008/346) (the "RCB Regulations"), as it is intended for the Issuer to make an application to the Financial Services Authority for the Issuer, the Covered Bond Programme and the covered bonds previously issued under the Covered Bond Programme to be admitted to the register of issuers and the register of regulated covered bonds, as appropriate, under the RCB Regulations. The Terms and Conditions have been provided to the Swiss Principal Paying Agent to be made available for inspection by the above Covered Bondholders, and a copy will be provided by the Swiss Principal Paying Agent on request of a Covered Bondholder received at its specified office. The amended and restated Covered Bond Trust Deed and the amended and restated LLP Security Deed are available for inspection at the specified office of the Swiss Principal Paying Agent. Capitalised terms not otherwise defined in this notice have the meanings given in the Terms and Conditions of the Covered Bonds. Swiss Principal Paying Agent UK/ / /

4 Credit Suisse Transaction Advisory Group, VSZD 2 Uetlibergstrasse 231 CH-8070 Zurich Attention: Transaction Advisory Group, VSZD 2 Fax: April 2008 UK/ / /

5 Kotierungsinserat 29. März 2007 CHF Dieses Inserat erscheint ausschliesslich zum Zwecke der Kotierung der darin aufgeführten Anleihe an der SWX Swiss Exchange und stellt keine Offerte zum Kauf der Anleihe dar. HSBC Finance Corporation London, England 2.75% Covered Bonds mit Aufstockungsmöglichkeit Die Zahlungen von Zinsen und Kapital werden durch HSBC Mortgage Limited Liability Partnership sichergestellt. PROGRAMM RATING Diese Anleihe wird unter dem «Covered Bond Programme» (das «Programm») von HSBC Bank plc ausgegeben. «Aaa» von Moody s Investors Service «AAA» von Standard & Poor s Rating Services und Fitch Ratings VERZINSUNG 2.75% p.a., zahlbar jährlich am 3. April, erstmals am 3. April 2008, letztmals am 3. April Im Falle eines Aufschubs der Rückzahlung erfolgt die Verzinsung monatlich zu 1 Monats CHF LIBOR minus 0.085% p.a., erstmals am 3. Mai 2017, letztmals am 3. April LIBERIERUNG 3. April 2007 VORZEITIGE RÜCKZAHLUNG RÜCKZAHLUNG ZUSICHERUNG SICHERSTELLUNG VERBRIEFUNG STÜCKELUNG HAUPTZAHLSTELLE PROVISORISCHER HANDEL KOTIERUNG ANWENDBARES RECHT GERICHTSSTAND FIRMA / SITZ DES EMITTENTEN FIRMA / SITZ DES SICHERHEITSGEBERS VERKAUFSRESTRIKTIONEN DOKUMENTATION Nur aus Steuergründen oder aufgrund von Widerrechtlichkeit, jeweils gemäss den Bestimmungen der Anleihebedingungen. 3. April 2017 oder, falls die Rückzahlung aufgeschoben wird, 3. April 2018 jeweils zu 100% des Nennwerts (pari) Pari-Passu-Klausel «Covered Bond Guarantee» der HSBC Mortgage Limited Liability Partnership gemäss dem «Trust Deed». Die Covered Bond Guarantee kann durch den «Bond Trustee» als Vertreter der Obligationäre rechtlich durchgesetzt werden. Die Ansprüche der Obligationäre beschränken sich auf den «Cover Pool», bestehend aus dem Hypothekenportefeuille der. Globalurkunde auf Dauer; Investoren haben kein Recht auf Einzelurkunden CHF und ein Mehrfaches davon Credit Suisse, Paradeplatz 8, CH-8001 Zürich Ab dem 29. März 2007 an der SWX Swiss Exchange Die Kotierung der Anleihe wird im Hauptsegment der SWX Swiss Exchange beantragt. Die Anleihe und das Programm unterstehen englischem Recht. Gerichte von England HSBC Bank plc 8 Canada Square, London E14 5HQ, England 8 Canada Square, London E14 5HQ, England USA and US Persons, United Kingdom, European Economic Area Dieses Kotierungsinserat stellt keinen Emissionsprospekt im Sinne von Artikel 652a bzw OR dar. Der ausführliche Emissions-/Kotierungsprospekt, der ausschliesslich für die Emission und die Börsenzulassung der Anleihe massgebend ist, kann tagsüber via Telefon bzw. im 24-Stunden- Service entweder unter Telefax oder per unter «newissues.fixedincome@credit-suisse.com» bei der Credit Suisse bestellt werden. AKTUELLE KURSE / Telekurs Finanz: 80, / Reuters: CSZFI01 BANKENSYNDIKAT Credit Suisse ABN AMRO BANK N.V. ZWEIGNIEDERLASSUNG ZÜRICH Bank Julius Bär & Co. AG, Bank Sarasin & Cie AG, Bank Vontobel AG, Bayerische Hypo- und Vereinsbank Aktiengesellschaft, Zweigniederlassung Zürich, BNP Paribas (Suisse) SA, Deutsche Bank AG London Branch, handelnd durch Deutsche Bank AG Zurich Branch, HSBC Bank plc, Lombard Odier Darier Hentsch & Cie, Pictet & Cie, Raiffeisen Schweiz, UBS Investment Bank VALORENNUMMER SegaInterSettle ISIN Common Code Tickersymbol CH HSG07 Investment Banking Private Banking Asset Management

6 Annonce de cotation 29 mars 2007 CHF Cette annonce est publiée uniquement aux fins de cotation de l emprunt sousmentionné auprès de la SWX Swiss Exchange et ne constitute pas une offre d achat de l emprunt. HSBC Finance Corporation Londres, Angleterre Covered Bonds 2.75% avec clause de réouverture Les paiements des intérêts et du capital sont garantis par HSBC Mortgage Limited Liability Partnership. PROGRAMME RATING TAUX D INTÉRÊT Cet emprunt est émis sous le «Covered Bond Programme» (le «Programme») de HSBC Bank plc. «Aaa» par Moody s Investors Service «AAA» par Standard & Poor s Rating Services et Fitch Ratings 2.75% p.a., payable annuellement le 3 avril, la première fois le 3 avril 2008, la dernière fois le 3 avril Si le remboursement est prorogé, l intérêt sera effectuée au CHF LIBOR à 1 mois moins 0.085% p.a., la première fois le 3 mai 2017, la dernière fois le 3 avril LIBÉRATION 3 avril 2007 REMBOURSEMENT ANTICIPÉ Uniquement pour raisons fiscales ou en vertu d'illégalité, chaque fois conformément aux conditions de l emprunt. REMBOURSEMENT 3 avril 2017 ou, en cas de remboursement prorogé, le 3 avril 2018 chaque fois à 100% de la valeur nominale (au pair) ASSURANCE GARANTIE FORME COUPURES Clause pari-passu «Covered Bond Guarantee» de HSBC Mortgage Limited Liability Partnership conformément au «Trust Deed». L exécution de la Covered Bond Guarantee peut être exigée par le «Bond Trustee» en sa qualité de représentant des détenteurs d obligations. L exigence des détenteurs d obligations est limitée au «Cover Pool» consisté en portefeuille hypothécaire de HSBC Mortgage Limited Liability Partnership. Certificat global durable; Les investisseurs ne peuvent exiger la livraison de titres individuels CHF nominal et ses multiples DOMICILE PRINCIPAL Credit Suisse DE PAIEMENT Paradeplatz 8, CH-8001 Zurich NÉGOCE PROVISOIRE COTATION DROIT APPLICABLE FOR JUDICIAIRE RAISON SOCIALE / SIÈGE DE L ÉMETTEUR RAISON SOCIALE / SIÈGE DE L ASSUREUR RESTRICTIONS DE VENTE DOCUMENTATION A partir du 29 mars 2007 à la SWX Swiss Exchange La cotation de l emprunt sera requise au marché principal de la SWX Swiss Exchange. L emprunt et le programme sont soumis au droit anglais. Tribunaux de l Angleterre HSBC Bank plc 8 Canada Square, London E14 5HQ, Angleterre 8 Canada Square, London E14 5HQ, Angleterre USA and US Persons, United Kingdom, European Economic Area La présente annonce de cotation n est pas un prospectus d émission au sens des articles 652a et 1156 CO. Le prospectus d émission et de cotation, qui seul est déterminant pour l émission et la cotation en bourse, peut être commandé par téléphone pendant les heures de bureau au numéro ou par télécopie en service continu au numéro ou par sous «newissues.fixedincome@credit-suisse.com» chez Credit Suisse. COURS ACTUELS / Telekurs Finance: 80, / Reuters: CSZFI01 SYNDICAT Credit Suisse ABN AMRO BANK N.V. SUCCURSALE DE ZURICH Banque Julius Baer & Cie SA, Banque Sarasin & Cie SA, Bank Vontobel AG, Bayerische Hypo- und Vereinsbank Aktiengesellschaft, succursale de Zurich, BNP Paribas (Suisse) SA, Deutsche Bank AG succursale de Londres, agissant par Deutsche Bank AG succursale de Zurich, HSBC Bank plc, Lombard Odier Darier Hentsch & Cie, Pictet & Cie, Raiffeisen Suisse, UBS Investment Bank NUMÉRO DE VALEUR SegaInterSettle ISIN Common Code Symbole Ticker CH HSG07 Investment Banking Private Banking Asset Management