New Issue: HSBC prices $3.37 million buffered uncapped market participation securities on the Dow

By Jennifer Chiou

New York, June 27 - HSBC USA Inc. priced $3,366,000 of 0% buffered uncapped market participation securities due June 30, 2016 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain. Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% that it declines beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying index:	Dow Jones industrial average
Amount:	$3,366,000
Maturity date:	June 30, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 15%; 1% loss for every 1% that index declines beyond 15%
Initial index level:	14,760.31
Pricing date:	June 25
Settlement date:	June 28
Agent:	HSBC Securities (USA) Inc.
Fees:	Up to 3.5%
Cusip:	40432XG88

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