New Issue: HSBC sells $537,000 three-year buffered AMPS tied to Russell 2000 index

By Marisa Wong

Madison, Wis., Nov. 24 - HSBC USA Inc. priced $537,000 of 0% buffered Accelerated Market Participation Securities due Nov. 22, 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 index gain, subject to a maximum return of 30%. Investors will receive par if the index declines by 25% or less and will lose 1% for every 1% decline beyond 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Russell 2000
Amount:	$537,000
Maturity:	Nov. 22, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at 30%; par if index falls by 25% or less; 1% loss for every 1% decline beyond 25%
Initial index level:	727.33
Pricing date:	Nov. 22
Settlement date:	Nov. 26
Agent:	HSBC Securities (USA) Inc.
Fees:	1.2%
Cusip:	4042K06W0

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