New Issue: HSBC prices $4.53 million Stars linked to Russell 2000, Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 3 – HSBC USA Inc. priced $4.53 million of 0% Strategic Accelerated Redemption Securities due Sept. 8, 2015 linked to a basket of two equally weighted indexes, according to a 424B5 filing with the Securities and Exchange Commission.

The underlying indexes are the Russell 2000 index and the Euro Stoxx 50 index.

BofA Merrill Lynch is the agent.

The notes will be called at par of $10 plus a call premium of 6.8% per year if the basket closes at or above the initial level on Feb. 20, 2015, May 22, 2015 or Aug. 28, 2015.

The payout at maturity will be par unless the basket finishes below the 95% buffer level, in which case investors will lose 1% for every 1% decline beyond 5%.

Issuer:	HSBC USA Inc.
Issue:	Strategic Accelerated Redemption Securities
Underlying indexes:	Russell 2000 and Euro Stoxx 50, equally weighted
Amount:	$4,534,600
Maturity:	Sept. 8, 2015
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par if basket falls by up to 5%; 1% loss for every 1% decline beyond 5%
Call:	At par plus 6.8% per year if basket closes at or above initial level on Feb. 20, 2015, May 22, 2015 or Aug. 28, 2015
Pricing date:	Aug. 28
Settlement date:	Sept. 5
Underwriter:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	40434D400

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