New Issue: HSBC prices $49,000 global averaging notes linked to four indexes

By Jennifer Chiou

New York, June 25 - HSBC USA Inc. priced $49,000 of 0% global averaging notes due June 26, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the Dow Jones industrial average, the S&P/TSX 60 index, the Euro Stoxx 50 index and the Taiwan Stock Exchange Capitalization Weighted Stock index.

The payout at maturity will be par plus any basket gain.

If the basket falls, the payout will be par plus a minimum return of 5%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Global averaging notes
Underlying indexes:	Dow Jones industrial average, S&P/TSX 60 index, Euro Stoxx 50 index and Taiwan Stock Exchange Capitalization Weighted Stock index, equally weighted
Amount:	$49,000
Maturity:	June 26, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return, subject to minimum payout of 5%
Initial index levels:	14,659.56 for Dow; 681.09 for S&P/TSX 60; 2,511.83 for Euro Stoxx; 7,758.03 for Taiwan index
Final index levels:	Average of index's closing levels on 24 quarterly observation dates
Pricing date:	June 24
Settlement date:	June 26
Underwriter:	HSBC Securities (USA) Inc.
Fees:	3.525%
Cusip:	40432XGU9

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