New Issue: HSBC prices $68,000 income plus notes linked to five stocks with 5.5% potential coupon

By Angela McDaniels

Tacoma, Wash., Jan. 29 - HSBC USA Inc. priced $68,000 of income plus notes due Jan. 30, 2020 linked to a basket of common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the common stocks of Altria Group, Inc., Apple Inc., eBay Inc., PepsiCo, Inc. and Wal-Mart Stores, Inc.

Interest is payable annually. The interest rate will be 1% plus (a) 4.5% if each basket stock closes at or above its initial share price on the valuation date or (b) 0% otherwise.

The payout at maturity will be par plus the last coupon payment.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Income plus notes
Underlying stocks:	Altria Group, Inc., Apple Inc., eBay Inc., PepsiCo, Inc. and Wal-Mart Stores, Inc.
Amount:	$68,000
Maturity:	Jan. 30, 2020
Coupon:	5.5% if each basket stock closes at or above its initial share price on the valuation date or 1% otherwise; payable annually
Price:	Par
Payout at maturity:	Par plus final coupon
Initial share prices:	$33.45 for Altria, $439.88 for Apple, $56.53 for eBay, $72.49 for PepsiCo and $69.00 for Wal-Mart
Pricing date:	Jan. 25
Settlement date:	Jan. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	4.25%
Cusip:	40432X6R7

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