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Published on 1/28/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $5 million PLUS due 2018 linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, Jan. 28 – HSBC USA Inc. priced $5 million of 0% Performance Leveraged Upside Securities due Jan. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 500% of any index gain, subject to a maximum payment of $15.455 per $10.00 note.

Investors will share in any losses.

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:Euro Stoxx 50
Amount:$5 million
Maturity date:Jan. 31, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 500% of gain in index, capped at 54.55%; exposure to losses
Initial level:3,414.28
Pricing date:Jan. 26
Settlement date:Jan. 29
Agent:HSBC Securities (USA) Inc.
Fees:1.25%
Cusip:40434F496

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