HSBC to price buffered AMPS linked to basket of indexes

By Marisa Wong

Madison, Wis., Jan. 14 - HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due January 2016 linked to an equally weighted basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index, the Euro Stoxx 50 index and the FTSE 100 index.

The payout at maturity will be par plus double any gain in the basket, up to a maximum return of at least 12.5%. The exact cap will be set at pricing. Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes are expected to price and settle in January.

The Cusip number is 40432XS36.

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