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HSBC USA Inc., $2.8575 Cumulative Preferred Stock
Ticker Symbol: HUSI-Z*     CUSIP: 40428H201     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.), $2.8575 Cumulative Preferred Stock, liquidation preference $50 per share, redeemable at the issuer's option on or after 10/01/2007 at $50 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of $2.8575 (5.715%) per annum are 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). 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. HSBC 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
5.72%
$2.8575
$50.00
$50.00
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 - 9/19/1997 - 3.00 Million Shares @ $50.00/share.    Link to IPO Prospectus
Previous Ticker Symbol: HBA-Z    Changed: 11/15/2013
Market Value $146.0 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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