New Issue: HSBC prices $9.52 million PLUS due 2015 linked to S&P 500 index

By Jennifer Chiou

New York, Oct. 10 – HSBC USA Inc. priced $9,518,100 of 0% Performance Leveraged Upside Securities due Nov. 10, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is flat or positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 10%.

If the index return is negative, investors will have one-to-one exposure to the decline.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$9,518,100
Maturity:	Nov. 10, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 10% maximum return; if index return is negative, one-to-one exposure to decline
Initial index level:	1,928.21
Pricing date:	Oct. 9
Settlement date:	Oct. 15
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40434D459

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