New Issue: HSBC prices $33.5 million three-month notes linked to Topix

By Angela McDaniels

Tacoma, Wash., June 23 – HSBC USA Inc. priced $33.5 million of 0% notes due Sept. 23, 2014 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the index return multiplied by (c) 99.7%. The notes are not principal protected, so this amount may be less than par.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Notes
Underlying index:	Topix
Amount:	$33.5 million
Maturity date:	Sept. 23, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	For each $1,000 principal amount of notes, (a) $1,000 multiplied by (b) one plus the index return multiplied by (c) 99.7%
Initial index level:	1,269.04
Pricing date:	June 19
Settlement date:	June 24
Underwriter:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433BEM6

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