May 2008 May 2008 May 2008 April 2008 Gerdau, S.A. USD500 million Re-opening of 7 .25% notes due 2017 Joint Bookrunner Republic of Brazil USD525 million Re-opening of 6.00% notes due 2017 Joint Bookrunner Grupo Televisa, S.A.B. USD500 million 6.00% notes due May 2018 Joint Bookrunner Telefonos de Mexico, S.A.B. de C.V MXN1.6 billion Certificados Bursátiles Joint Bookrunner March 2008 January 2008 December 2007 December 2007 Usiminas USD1.5 billion Senior Acquisition Facility Sole Lead Arranger and Bookrunner Petróleo Brasilero S.A. USD750 million Re-opening 5.875% notes due 2018 Joint Bookrunner Banco Industrial S.A. USD165 million Syndicated Term Loan Joint Bookrunner and Lead Arranger Credilogros ARS81.3 million Obligaciones Negociables de Tasa Variable Sole Bookrunner December 2007 December 2007 November 2007 November 2007 El Puerto de Liverpool S.A.B. de C.V. MXN4 billion Certificados Bursátiles Joint Bookrunner Fomento Económico Mexicano S.A.B. de C.V. UDI637 million Certificados Bursátiles Joint Bookrunner Cemex S.A.B. de C.V. UDI628 million Certificados Bursátiles Sole Bookrunner Toyota Financial Services de Mexico S.A. MXN1 billion Certificados Bursátiles Joint Bookrunner October 2007 October 2007 October 2007 August 2007 Gerdau Ameristeel Corp. USD2.75 billion Syndicated Term Loan Joint Bookrunner and Lead Arranger Gerdau S.A. USD1 billion 7 .25% notes due Oct 2017 Joint Bookrunner Project Farac MXN37.1 billion Senior Secured Credit Facilities Joint Bookrunner Gerdau Ameristeel Corp. USD4.3 billion Senior Acquisition Financing Joint Bookrunner July 2007 May 2007 May 2007 May 2007 Tenedora Nemak S.A. de C.V. USD730 million Syndicated Term Loan Joint Bookrunner and Lead Arranger Grupo Televisa S.A.B. MXN4.5 billion 8.49% Europeso notes due May 2037 Joint Bookrunner Petrobras Energia S.A. USD300 million 5.875% notes due May 2017 Joint Bookrunner Republic of Brazil BRL787.5 million Re-opening 10.25% notes due Jan 2028 Joint Bookrunner Let HSBC’s global network open up a world of opportunity for your business. GLOBAL MARKETS HSBC operates in various jurisdictions through its affiliates, including, but not limited to, HSBC Securities (USA) Inc., member of NYSE, FINRA and SIPC and HSBC Bank USA, NA. 08-121