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Published on 12/3/2013 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $2.86 million return optimization notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Dec. 3 - HSBC USA Inc. priced $2.86 million of 0% return optimization securities due Nov. 30, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 32.2%.

Investors will be exposed to any losses.

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

Issuer:HSBC USA Inc.
Issue:Return optimization securities
Underlying index:Euro Stoxx 50
Amount:$2,857,810
Maturity:Nov. 30, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any gain in index, up to a maximum return of 32.2%
Initial index level:3,062.62
Pricing date:Nov. 26
Settlement date:Nov. 29
Agents:HSBC Securities (USA) Inc. and UBS Financial Services Inc. (placement)
Fees:2%
Cusip:40434B859

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