New Issue: HSBC prices $1.09 million buffered return optimization notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 30 - HSBC USA Inc. priced $1.09 million of 0% buffered return optimization securities due Aug. 30, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.25 times any index gain, up to a maximum return of 29.5%. Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% that it declines beyond 15%.

HSBC Securities (USA) Inc. is the underwriter. UBS Financial Services Inc. is the placement agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered return optimization securities
Underlying index:	Russell 2000
Amount:	$1,094,470
Maturity date:	Aug. 30, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any index gain, up to maximum return of 29.5%; par if index falls by 15% or less; 1% loss for every 1% decline beyond 15%
Initial level:	691.79
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Underwriter:	HSBC Securities (USA) Inc. with UBS Financial Services Inc. as placement agent
Fees:	2%
Cusip:	40433C619

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