New Issue-HSBC sells 119.4 bln yen in Samurai bonds

TOKYO, Sept 17 (Reuters) - HSBC Bank Plc (HSBA.L) (0005.HK)
sold 119.4 billion yen ($1.31 billion) of five-year Samurai bonds
in two tranches on Thursday, lead manager Mizuho Securities said.

Details are as follows:

1. 5-year fixed-rate bond:

Issue amount: 89.8 billion yen

Coupon: 1.49 percent

Issue price: par

Maturity date: Sept. 29, 2014

Coupon payments: March 29, Sept. 29

Payment date: Sept. 29, 2009

Lead managers: HSBC Securities (Japan)

Mitsubishi UFJ Securities

Mizuho Securities

Fiscal agent: Mizuho Corporate Bank

Ratings: Aa2 (Moody's)

AA (S&P)

AA (Fitch)

Spread: 60 basis points over yen swaps

2. 5-year floating-rate bond:

Issue amount: 29.6 billion yen

Coupon: 0.70 pct point above 3-month yen Libor

Issue price: par

Maturity date: Sept. 29, 2014

Coupon payments: March 29, June 29, Sept. 29, Dec. 29

Payment date: Sept. 29, 2009

Lead managers: HSBC Securities (Japan)

Mitsubishi UFJ Securities

Mizuho Securities

Fiscal agent: Mizuho Corporate Bank

Ratings: Aa2 (Moody's)

AA (S&P)

AA (Fitch)

The Samurai bonds are yen bonds issued in Japan by
non-Japanese entities.
($1=90.86 Yen)
(Reporting by Naoyuki Katayama and Hiroyasu Hoshi: writing by
Rika Otsuka)