HSBC Bank USA NA launches $1.25 bln 10-yr notes-IFR

NEW YORK, Aug 17 (BestGrowthStock) – HSBC Bank USA NA [HBABU.UL] on
Tuesday launched $1.25 billion of 10-year global subordinated
banks notes, said IFR, a Thomson Reuters service.

The notes are expected to yield 225 basis points over
comparable U.S. Treasuries, according to IFR.

The sole lead manager on the sale is HSBC.
(Reporting by Caryn Trokie)

HSBC Bank USA NA launches $1.25 bln 10-yr notes-IFR