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Published on 12/30/2013 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $1.02 million 18-month AMPS with cap linked to Euro Stoxx

By Susanna Moon

Chicago, Dec. 30 - HSBC USA Inc. priced $1.02 million of 0% Accelerated Market Participation Securities due June 26, 2015 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 triple any gain in the index, up to a maximum return of 22.5%.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Accelerated Market Participation Securities
Underlying index:Euro Stoxx 50
Amount:$1,019,000
Maturity date:June 26, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 22.5%; exposure to any losses
Initial level:3,049.35
Pricing date:Dec. 20
Settlement date:Dec. 26
Agent:HSBC Securities (USA) Inc.
Fees:None
Cusip:40432XPB1

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