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Published on 10/3/2013 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $8.83 million trigger PLUS linked to Euro Stoxx 50 index

By Susanna Moon

Chicago, Oct. 3 - HSBC USA Inc. priced $8.83 million of 0% trigger Performance Leveraged Upside Securities due April 4, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 500% of any gain in the index.

Investors will receive par if the index falls up to 20% and will be fully exposed to any losses if the index finishes below the 80% trigger level.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

Issuer:HSBC USA Inc.
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$8,830,560
Maturity:April 4, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 500% of any index gain; par if index falls up to 20%; full exposure to losses from initial level if index drops more than 20%
Initial level:2,893.15
Trigger level:2,314.52, 80% of initial level
Pricing date:Sept. 30
Settlement date:Oct. 3
Agent:HSBC Securities (USA) Inc. with distribution through Morgan Stanley Smith Barney LLC
Fees:3%
Cusip:40433X274

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