New Issue: HSBC prices $9.52 million buffered return optimization securities linked to S&P 500

New York, Feb. 28 - HSBC USA Inc. priced $9.52 million of buffered return optimization securities due Feb. 28, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 23.88%.

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

HSBC Securities (USA) Inc. is the agent, with UBS Financial Services Inc. acting as placement agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered return optimization securities
Underlying index:	S&P 500
Amount:	$9,520,510
Maturity:	Feb. 28, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any gain in index, up to maximum return of 23.88%; par for declines up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:	1,365.74
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agents:	HSBC Securities (USA) Inc. with placement agent UBS Financial Services Inc.
Fees:	2%
Cusip:	40433K538

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