New Issue: HSBC sells $800,000 notes due 2020 linked to Consumer Price Index

By Susanna Moon

Chicago, Feb. 9 - HSBC USA Inc. priced $800,000 of notes due Feb. 26, 2020 based on the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon will be the year-over-year change in the index plus 125 basis points. Beginning March 26, 2015, the coupon will be capped at 7%. Interest is payable monthly.

The payout at maturity will be par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Notes
Underlying index:	Consumer Price Index
Amount:	$800,000
Maturity:	Feb. 26, 2020
Coupon:	Year-over-year change in index plus 125 bps, capped at 7% beginning March 26, 2015; payable monthly
Price:	Par
Payout at maturity:	Par
Pricing date:	Feb. 5
Settlement date:	Feb. 26
Agent:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	4042K0P66

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