New Issue: HSBC prices $1.13 million buffered AMPS linked to Russell 2000

By Jennifer Chiou

New York, Oct. 26 - HSBC USA Inc. priced $1.13 million of 0% buffered Accelerated Market Participation Securities due Oct. 25, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any increase in the index, subject to a maximum return of 32%. Investors will receive par if the index declines by 25% or less and will lose 1% for every 1% that it declines beyond 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Russell 2000
Amount:	$1,134,000
Maturity:	Oct. 25, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 32%; par if index falls by 25% or less; 1% loss for every 1% decline beyond 25%
Initial index level:	703.43
Pricing date:	Oct. 22
Settlement date:	Oct. 27
Agent:	HSBC Securities (USA) Inc.
Fees:	1.2%
Cusip:	4042K06C4

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