New Issue: HSBC prices $1.97 million jump notes linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., July 22 - HSBC USA Inc. priced $1.97 million of 0% jump securities due Jan. 23, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the exchange-traded fund's final share price is greater than the initial share price, the payout at maturity will be par of $10 plus 8.5%. Otherwise, investors will be fully exposed to the share price decline.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	HSBC USA Inc.
Issue:	Jump securities
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$1,969,300
Maturity:	Jan. 23, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is greater than initial share price, par plus 8.5%; otherwise, full exposure to share price decline
Initial share price:	$39.42
Pricing date:	July 18
Settlement date:	July 23
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	1.5%
Cusip:	40433X472

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