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Published on 12/2/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $3.79 million PLUS linked to Russell 2000

New York, Dec. 2 – HSBC USA Inc. priced $3.79 million of 0% Performance Leveraged Upside Securities due March 3, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 11.65%. If the index return is negative, investors will have one-to-one exposure to the decline.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:HSBC USA Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$3,794,000
Maturity:March 3, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 11.65% maximum return; if index return is negative, one-to-one exposure to decline
Initial index level:1,173.229
Pricing date:Nov. 28
Settlement date:Dec. 3
Agent:HSBC Securities (USA) Inc.
Distribution:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:40434D145

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