New Issue: HSBC prices $65.41 million return enhanced notes tied to MSCI EAFE

By Susanna Moon

Chicago, Oct. 1 - HSBC USA Inc. priced $65.41 million of 0% return enhanced notes due Oct. 16, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 20%.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent, and J.P. Morgan Securities LLC is the dealer.

Issuer:	HSBC USA Inc.
Issue:	Return enhanced notes
Underlying index:	MSCI EAFE
Amount:	$65,413,000
Maturity:	Oct. 16, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 20%; exposure to any losses
Initial level:	1,835.85
Pricing date:	Sept. 27
Settlement date:	Oct. 2
Agent:	HSBC Securities (USA) Inc. with J.P. Morgan Securities LLC as dealer
Fees:	1%
Cusip:	40432XLA7

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