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Published on 12/11/2012 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $4.1 million PLUS linked to S&P 500 and Euro Stoxx 50

By Jennifer Chiou

New York, Dec. 11 - HSBC USA Inc. priced $4,102,720 of 0% Performance Leveraged Upside Securities due June 11, 2013 linked to the S&P 500 index with a 75% weight and the Euro Stoxx 50 index with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any basket gain, up to a maximum payout of $10.80 per note.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Buffered income plus notes
Underlying indexes:S&P 500 (75% weight) and Euro Stoxx 50 (25% weight)
Amount:$4,102,720
Maturity:June 11, 2013
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus double any basket gain, capped at 8%; exposure to losses
Initial levels:1,413.94 for S&P, 2,603.41 for Stoxx
Pricing date:Dec. 6
Settlement date:Dec. 11
Agent:HSBC Securities (USA) Inc.
Fees:1.5%
Cusip:40433T570

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