HSBC plans two-year SelectInvest notes linked to Russell 2000

By Susanna Moon

Chicago, March 31 - HSBC USA Inc. plans to price 0% SelectInvest debt securities due April 25, 2016 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 any index gain, up to a maximum return of 18.3%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on April 17 and settle on April 25.

The Cusip number is 40432XWD9.

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