New Issue: HSBC prices $6.58 million PLUS linked to Russell 2000 index

By Marisa Wong

Madison, Wis., April 7 – HSBC USA Inc. priced $6.58 million of 0% Performance Leveraged Upside Securities due July 6, 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 of $10 plus triple any gain in the index, up to a maximum return of 15%. Investors will be fully exposed to any decline in the index.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$6,582,300
Maturity:	July 6, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 15%; full exposure to losses
Initial index level:	1,252.772
Pricing date:	March 31
Settlement date:	April 6
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40434F199

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