New Issue: HSBC sells $6.13 million return optimization securities tied to S&P 500

By Susanna Moon

Chicago, Sept. 29 - HSBC USA Inc. priced $6.13 million of 0% return optimization securities due Oct. 31, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any gain in the index, up to a maximum return of 21.5%.

Investors will be exposed to any losses.

UBS Financial Services Inc. and HSBC Securities (USA) Inc. are the agents.

Issuer:	HSBC USA Inc.
Issue:	Return optimization securities
Underlying index:	S&P 500
Amount:	$6,132,580
Maturity:	Oct. 31, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 21.5%; exposure to losses
Initial index level:	1,175.38
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agents:	UBS Financial Services Inc. and HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40433C452

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