Correction: HSBC's averaging notes linked to three indexes to mature Aug. 30, 2018

A story in the July 27 edition of the Prospect News Structured Products Daily incorrectly reported the maturity date of HSBC's upcoming averaging notes linked to three indexes. A corrected version of the story follows:

By Susanna Moon

Chicago, July 26 - HSBC USA Inc. plans to price 0% averaging notes due Aug. 30, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Dow Jones industrial average, the Euro Stoxx 50 index and the Taiwan Stock Exchange Capitalization Weighted Stock index.

The payout at maturity will be par plus the basket return, subject to a minimum payout of par.

Each index's final level will be the average of its closing levels on 24 quarterly observation dates.

HSBC Securities (USA) Inc. is the agent.

The notes will price Aug. 27 and settle Aug. 30.

The Cusip number is 4042K1Z30.

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