New Issue: HSBC prices $1.81 million performance plus securities on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Oct. 16 - HSBC USA Inc. priced $1.81 million of 0% performance plus securities due Oct. 17, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the barrier level, 80% of the initial level, the payout at maturity will be par plus the greater of any gain and the minimum upside return of 14%.

If the index finishes below the barrier level, investors will be fully exposed to losses from the initial index level.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Performance plus securities
Underlying index:	Euro Stoxx 50
Amount:	$1,805,000
Maturity date:	Oct. 17, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above barrier level, par plus return, floor of 14%; otherwise, full exposure to losses from initial level
Initial index level:	2,974.28
Barrier level:	80% of initial level
Pricing date:	Oct. 11
Settlement date:	Oct. 16
Agent:	HSBC Securities (USA) Inc.
Fees:	1.5%
Cusip:	40432XLH2

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