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Prospect News home > News index > List of issuers H > Headlines for HSBC USA Inc. > News item
Published on 8/14/2009 in the Prospect News Structured Products Daily.

HSBC plans 21 offerings of optimization securities linked to FTSE/Xinhua China 25 fund via UBS

By E. Janene Geiss

Philadelphia, Aug. 14 - HSBC USA Inc. plans to price 21 separate offerings of 0% return optimization securities with maturity dates from Aug. 18, 2011 through Sept. 16, 2011 linked to the iShares FTSE/Xinhua China 25 index fund, according to an FWP filing with the Securities and Exchange Commission.

UBS Financial Services Inc. and HSBC USA Inc. are the agents.

The payout at maturity for each offering will be par of $10 plus five times any gain on the fund, up to a maximum return of par plus 55.5% to 60.5% with the exact cap to be set at pricing.

Investors are fully exposed to any fund decline.

• The notes with maturity of Aug. 18, 2011 were scheduled to price Aug. 13 and settle Aug. 18.

• The notes with maturity of Aug. 19, 2011 were scheduled to price Aug. 14 and settle Aug. 19.

• The notes with maturity on Aug. 22, 2011 will price Aug. 17 and settle Aug. 20.

• The notes with maturity on Aug. 22, 2011 will price Aug. 18 and settle Aug. 21.

• The notes with maturity on Aug. 24, 2011 will price Aug. 19 and settle Aug. 24.

• The notes with maturity on Aug. 25, 2011 will price Aug. 20 and settle Aug. 25.

• The notes with maturity on Aug. 26, 2011 will price Aug. 21 and settle Aug. 26.

• The notes with maturity on Aug. 29, 2011 will price Aug. 24 and settle Aug. 27.

• The notes with maturity on Aug. 29, 2011 will price Aug. 25 and settle Aug. 28.

• The notes with maturity on Aug. 31, 2011 will price Aug. 26 and settle Aug. 31.

• The notes with maturity on Sept. 1, 2011 will price Aug. 27 and settle Sept. 1.

• The notes with maturity on Sept. 2, 2011 will price Aug. 28 and settle Sept. 2.

• The notes with maturity on Sept. 6, 2011 will price Aug. 31 and settle Sept. 3.

• The notes with maturity on Sept. 6, 2011 will price Sept. 1 and settle Sept. 4.

• The notes with maturity on Sept. 8, 2011 will price Sept. 2 and settle Sept. 8.

• The notes with maturity on Sept. 12, 2011 will price Sept. 3 and settle Sept. 9.

• The notes with maturity on Sept. 12, 2011 will price Sept. 4 and settle Sept. 10.

• The notes with maturity on Sept. 12, 2011 will price Sept. 8 and settle Sept. 11.

• The notes with maturity on Sept. 14, 2011 will price Sept. 9 and settle Sept. 14.

• The notes with maturity on Sept. 15, 2011 will price Sept. 10 and settle Sept. 15.

• The notes with maturity on Sept. 16, 2011 will price Sept. 11 and settle Sept. 16.


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