HSBC plans to price AMPS linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., June 4 - HSBC USA Inc. plans to priced 0% Accelerated Market Participation Securities due Dec. 31, 2014 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any ETF gain, subject to a maximum return of 19% to 23% that will be set at pricing. Investors will be exposed to any ETF decline.

HSBC Securities (USA) Inc. is the agent.

The notes are expected to price June 25 and settle June 28.

The Cusip number is 40432XG21.

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