New Issue: HSBC prices $736,000 SelectInvest notes linked to ETF, three indexes

By Angela McDaniels

Tacoma, Wash., May 30 - HSBC USA Inc. priced $736,000 of 0% SelectInvest debt securities due May 30, 2017 linked to a basket that includes the S&P 500 index with a 40% weight, the Russell 2000 index with a 20% weight, the Euro Stoxx 50 index with a 30% weight and the iShares MSCI Emerging Markets exchange-traded fund with a 10% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is greater than zero, the payout at maturity will be par plus the basket return, subject to a maximum return of 27%. If the basket declines by 15% or less, the payout will be par. If the basket declines by more than 15%, investors will lose 1% for every 1% that the basket return is below negative 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	SelectInvest debt securities
Underlying basket:	S&P 500 index (40% weight), Russell 2000 index (20% weight), Euro Stoxx 50 index (30% weight) and iShares MSCI Emerging Markets ETF (10% weight)
Amount:	$736,000
Maturity:	May 30, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is greater than zero, par plus basket return, subject to maximum return of 27%; if basket declines by 15% or less, par; otherwise, 1% loss for every 1% that basket return is below negative 15%
Initial levels:	1,911.91 for S&P 500; 1,142.201 for Russell 2000; 3,244.28 for Euro Stoxx 50; $42.77 for ETF
Pricing date:	May 27
Settlement date:	May 30
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40432XZZ7

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