New Issue: HSBC prices $1.22 million buffered AMPS on iShares MSCI EM fund

By Jennifer Chiou

New York, June 3 - HSBC USA Inc. priced $1,215,000 of 0% buffered Accelerated Market Participation Securities due June 2, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.11 times any ETF gain, subject to a maximum return of 60%. Investors will receive par if the ETF declines by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying ETF: iShares MSCI Emerging Markets index fund
Amount:	$1,215,000
Maturity:	June 2, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.11 times any ETF gain, up to maximum return of 60%; par if ETF falls by 25% or less; 1.3333% loss for every 1% that ETF declines beyond 25%
Initial share price:	$41.96
Pricing date:	May 30
Settlement date:	June 4
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40432XFR7

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