HSBC Canada Asset Trust to Redeem HSBC HaTS - Series 2015

VANCOUVER, May 13, 2015 /CNW/ - HSBC Canada Asset Trust, an affiliate of HSBC Bank Canada, today announced its intention to redeem all outstanding units of its HSBC Canada Asset Trust Securities – Series 2015 ("HSBC HaTS - Series 2015").  In accordance with their terms, each HSBC HaTS - Series 2015 will be redeemed at $1,000 per unit plus unpaid distributions to the redemption date.  The redemption will occur on 30 June 2015.

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in Canada. The HSBC Group serves customers worldwide from over 6,100 offices in over 73 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,670bn at 31 March 2015, HSBC is one of the world's largest banking and financial services organizations.

SOURCE HSBC Canada Asset Trust

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