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Published on 5/4/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $26.94 million PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 4– HSBC USA Inc. priced $26.94 million of 0% Performance Leveraged Upside Securities due Aug. 3, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 20%. If the index return is negative, investors will have one-to-one exposure to the decline.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:HSBC USA Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$26,940,690
Maturity:Aug. 3, 2016
Coupon:0%
Price:Par of $10.00
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 20% maximum return; if index return is negative, one-to-one exposure to decline
Initial index level:3,615.59
Pricing date:April 30
Settlement date:May 5
Agent:HSBC Securities (USA) Inc.
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:40434G692

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