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    HSBC USA Inc., Adj Rate Dep Shares Cumul Preferred Stock, Series D
    Ticker Symbol: HUSI-D*     CUSIP: 40428H706     Exchange: NYSE
    Security Type:   Traditional Preferred Stock
    * NOTE: This security is no longer trading as of 6/26/2015

    Security has been Called for:  Friday, June 26, 2015

    5/27/2015 -- HSBC USA Inc. is announcing the redemption, in whole, of the following preferred series: · 6,000,000 depositary shares each representing a one-fourth interest in a share of Adjustable Rate Cumulative Preferred Stock, Series D (ticker symbol: HUSI-PR D); and · 3,000,000 shares of $2.8575 Cumulative Preferred Stock (ticker symbol: HUSI-PR Z). The preferred securities are listed on the New York Stock Exchange under the above ticker symbols. The redemption date for each series of preferred is June 26, 2015. The cash redemption price payable for each series of preferred on the redemption date will equal: · For the 6,000,000 depositary shares, $25 liquidation preference per depositary share (which is equivalent to $100 liquidation preference per share of Adjustable Rate Cumulative Preferred Stock, Series D), plus an amount equal to the accrued and accumulated but unpaid dividends thereon to but excluding the redemption date; and · For the 3,000,000 shares of $2.8575 Cumulative Preferred Stock, $50 liquidation preference per share, plus an amount equal to the dividends accrued and accumulated but unpaid to the redemption date.

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  HSBC USA, Inc., formerly Republic New York Corp., Depositary Shares each representing a 1/4 interest in a share of Adjustable Rate Cumulative Preferred Stock, Series D, stated value $25 per depositary share, redeemable at the issuer's option on or after 7/01/1999 at $25 per depositary share plus accrued and unpaid dividends, with no stated maturity, and with adjustable rate distributions paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on 12/15, 3/15, 6/15 & 9/15 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). The adjustable rate dividend is set quarterly and is equal to 81% of the highest of the Treasury Bill Rate, the Ten Year Constant Maturity Rate and the Thirty Year Constant Maturity Rate with a minimum rate of 4 1/2% per annum and maximum rate of 10 1/2% per annum. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below. USBC USA (formerly Republic New York Corp.) is a subsidiary of HSBC North America Inc. which in turn is an indirect subsidiary of HSBC Holdings plc (NYSE: HSBC).
    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Distribution Dates 15%
    Tax Rate
    NYSE
    Chart
    Adj Rate
    n.a.
    $25.00
    $25.00
    Called for
    6/26/2015

    None
    Baa2 BBB-
    6/18/2015
    1/1, 4/1, 7/1 & 10/1
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    YES

    Go to Parent Company's Record (HSBC)

    IPO - 5/18/1994 - 6.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
    Previous Ticker Symbol: HBA-D    Changed: 11/15/2013
    Market Value $134.0 Million

    Company's Online Information Links
    HOME PAGE:     http://www.hsbc.com/
    Company's Investor Relations Information Go to Investor Relations Information
    Company's Online News Releases Go to News Releases
    Online Company Profile Go to Online Profile

    Company's Online SEC EDGAR Filings
    Company's SEC EDGAR Filings Go to SEC Filings

    Company's Email Address Links
    Inv Rel Email Address investor.relations.usa@us.hsbc.com
    General Email Address investorrelations@hsbc.com

    Foreign Address and Phone Numbers
    Address:   8 Canada Square, London E14 5HQ, United Kingdon
    Main Phone Number +44-20-7991-8888
    Inv Rel Phone Number +44-20-7991-8041

    Address and Phone Numbers
    U.S. Representative HSBC North America Holdings Inc.
    Address:   26525 N. Riverwoods Boulevard, Mettawa, IL 60045
    Main Phone Number 224-544-4400
    Fax Number 847-383-3331
    Investor Relations 224-880-8008
    Toll Free Phone Number Unknown
    CEO - Stuart Gulliver FN - Iain Mackay

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