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Published on 6/7/2007 in the Prospect News Structured Products Daily.

HSBC to issue return optimization securities linked to Euro Stoxx 50

By Jennifer Chiou

New York, June 7 - HSBC USA Inc. plans to price 0% return optimization securities due Dec. 31, 2008 linked to the Dow Jones Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

At maturity, investors will receive par plus triple the index gain, capped at 22.75% to 22.75%. Investors will share in any losses.

The notes will price on June 25 and settle on June 29.

UBS Financial Services Inc. and HSBC USA Inc. will be the agents.


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