New Issue: HSBC prices $514,000 buffered AMPS linked to indexes, fund

By Jennifer Chiou

New York, Oct. 26 - HSBC USA Inc. priced $514,000 of 0% buffered Accelerated Market Participation Securities due April 29, 2013 linked to an equally weighted basket of two indexes and a fund, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund.

The payout at maturity will be par plus 1.5 times any gain in the basket, subject to a cap of 23%.

Investors will receive par if the basket falls by up to 10% and will be exposed to declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying assets:	S&P 500 index, Russell 2000 index, iShares MSCI EAFE index fund, equally weighted
Amount:	$514,000
Maturity date:	April 29, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 23%; par for declines in the basket of up to 10%, with exposure to losses beyond 10%
Initial levels:	1,254.19 for S&P 500; 736.03 for Russell 2000; $52.86 for iShares MSCI EAFE
Pricing date:	Oct. 24
Settlement date:	Oct. 27
Agent:	HSBC Securities (USA) Inc.
Fees:	0.6%
Cusip:	4042K1QB2

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