New Issue: HSBC prices $3.5 million PLUS due 2017 linked to Russell 2000 index

By Marisa Wong

Morgantown, W.Va., Oct. 6 – HSBC USA Inc. priced $3.5 million of 0% Performance Leveraged Upside Securities due Jan. 5, 2017 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 payment of $11.73 per note.

Investors will be exposed to any losses.

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:	$3,496,290
Maturity:	Jan. 5, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, up to a maximum return of 17.3%; full exposure to any losses
Initial level:	1,100.688
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40434K834

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