New Issue: HSBC prices $3.83 million PLUS on Financial Select Sector SPDR fund

By Jennifer Chiou

New York, May 29 - HSBC USA Inc. priced $3,826,420 of 0% Performance Leveraged Upside Securities due May 31, 2016 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 130% of any fund gain, up to a maximum return of 38.5%.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management as distributor.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	Financial Select Sector SPDR fund
Amount:	$3,826,420
Maturity:	May 31, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 130% of any fund gain, capped at 38.5%; exposure to any losses
Initial price:	$22.04
Pricing date:	May 23
Settlement date:	May 29
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40434C576

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