New Issue: HSBC prices $2.03 million buffered return optimization notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 3 – HSBC USA Inc. priced $2.03 million of 0% buffered return optimization securities due July 31, 2017 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 of $10 plus 1.5 times any index gain, up to a maximum return of 22%. Investors will receive par if the index falls by up to 10% and will be exposed to any losses in excess of 10%.

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

Issuer:	HSBC USA Inc.
Issue:	Buffered return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$2,030,100
Maturity:	July 31, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.5 times any index gain, up to a maximum return of 22%; par if index falls by up to 10%; 1% loss for every 1% that index declines beyond 10%
Initial level:	3,575.53
Pricing date:	July 29
Settlement date:	July 31
Underwriter:	HSBC Securities (USA) Inc.
Agent:	UBS Financial Services Inc.
Fees:	2%
Cusip:	40434E788

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