New Issue: HSBC prices $108,000 buffered AMPS linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 26 - HSBC USA Inc. priced $108,000 of 0% buffered Accelerated Market Participation Securities due Aug. 29, 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 24%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Russell 2000
Amount:	$108,000
Maturity:	Aug. 29, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 24%; par if index falls by 10% or less; 1% loss for every 1% index decline beyond 10%
Initial index level:	692.57
Pricing date:	Aug. 24
Settlement date:	Aug. 29
Agent:	HSBC Securities (USA) Inc.
Fees:	2.8%
Cusip:	4042K1LY7

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