New Issue: HSBC prices $171.82 million notes linked to MSCI Daily Total Return

By Susanna Moon

Chicago, May 30 - HSBC USA Inc. priced $171.82 million 0% notes due June 14, 2013 linked to the MSCI Daily Total Return Net World index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par the index return, with exposure to any losses.

HSBC Securities (USA) Inc. is the underwriter. J.P. Morgan Securities LLC is the distributor.

Issuer:	HSBC USA Inc.
Issue:	Notes
Underlying index:	MSCI Daily Total Return Net World index
Amount:	$171,823,000
Maturity:	June 14, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index return, with exposure to losses
Initial index level:	3,000.541
Pricing date:	May 25
Settlement date:	May 31
Underwriter:	HSBC Securities (USA) Inc. with J.P. Morgan Securities LLC (distributor)
Fees:	1%
Cusip:	4042K1P49

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