HSBC to price return optimization notes linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., March 26 - HSBC USA Inc. plans to price 0% return optimization securities due May 29, 2015 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 21% to 21.7%.

Investors will be fully exposed to any losses.

HSBC Securities (USA) Inc. is the underwriter with UBS Financial Services Inc. as agent.

The notes will price on March 27 and settle on March 31.

The Cusip number is 40434C790.

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