New Issue: HSBC sells $97.11 million putable floaters at six-month Libor plus 10 bps

By E. Janene Geiss

Philadelphia, Dec. 16 - HSBC USA Inc. priced $97.11 million in putable floating-rate notes due March 20, 2013 with a coupon of six-month Libor plus 10 basis points, according to an FWP filing with the Securities and Exchange Commission Thursday.

The notes priced at par.

Investors can put the notes after one year from the trade date, then semi-annually from March 20, 2010 until maturity.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Putable floating-rate notes
Amount:	$97,110,576.92
Maturity:	March 20, 2013
Coupon:	Six-month Libor plus 10 bps, payable semi-annually, reset semi-annually
Price:	Par
Put:	One-year from trade date, then semi-annually from March 20, 2010
Trade date:	Dec. 16
Settlement date:	Dec. 19
Agent:	HSBC Securities (USA) Inc.

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