Shearman & Sterling represented the syndicate of underwriters in connection with HSBC Bank plc’s global offering of $4 billion bonds comprised of $750 million 2.0% senior fixed notes due 2014, $1 billion 4.75% senior fixed notes due 2021, $1.35 billion senior floating rate notes due 2014 and $900 million senior floating rate notes due 2013.

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC Group serves customers worldwide from approximately 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is one of the world’s largest banking and financial services organizations.

The Shearman & Sterling team of lawyers in the firm's London and New York offices included capital markets partner Richard Price and finance partner Mei Lian. They were assisted by associates Trevor Ingram, Rob Beard and Leona McManus. Partner Iain Scoon, counsel Simon Letherman, and associates James Leslie and Shiu-Kay Hung advised on tax aspects of the offering.