HSBC plans leveraged contingent buffered notes linked to MSCI EAFE

By Susanna Moon

Chicago, July 18 - HSBC USA Inc. plans to price 0% leveraged contingent buffered enhanced notes due Aug. 6, 2014 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes at or above the 90% knock-out level, the payout at maturity will be par plus double any index with a contingent minimum return of 0% and up to a maximum return of 16.7%.

Otherwise, the payout will be par plus the return with full exposure to any losses and any gains capped at 16.7%.

HSBC Securities (USA) Inc. is the underwriter with J.P. Morgan Securities LLC as dealer.

The notes will price on July 19 and settle on July 24.

The Cusip number is 40432XJ36.

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