New Issue: HSBC prices $8.63 million return optimization notes tied to MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., April 1 – HSBC USA Inc. priced $8.63 million of 0% return optimization securities due April 29, 2016 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 14.2%.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the underwriter with UBS Financial Services Inc. as the agent.

Issuer:	HSBC USA Inc.
Issue:	Return optimization securities
Underlying index:	MSCI EAFE
Amount:	$8,633,250
Maturity:	April 29, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 14.2%; exposure to any losses
Initial level:	1,869.83
Pricing date:	March 27
Settlement date:	March 31
Underwriter:	HSBC Securities (USA) Inc. with UBS Financial Services Inc. as agent
Fees:	2%
Cusip:	40434G866

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