HSBC plans 6%-8% trigger yield optimization notes on Deere via UBS

By Susanna Moon

Chicago, April 19 - HSBC USA Inc. plans to price 6% to 8% trigger yield optimization notes due April 30, 2012 linked to Deere & Co. shares, according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial share price of Deere.

The payout at maturity will be par unless the final price of Deere stock is less than 80% of the initial share price, in which case investors will receive one Deere share per note.

UBS Financial Services Inc. and HSBC Securities (USA) Inc. are the underwriters.

The notes will price on April 21 and settle on April 29.

The Cusip is 40433C866.

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