New Issue: HSBC prices $12.09 million trigger performance notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., June 29 - HSBC USA Inc. priced $12.09 million of 0% trigger performance securities due June 30, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 130.5% of any increase in the index. Investors will receive par if the index falls by 50% or less and will be fully exposed to the decline from the initial level if the index falls beyond 50%.

UBS Financial Services Inc. and HSBC Securities (USA) Inc. are the agents.

Issuer:	HSBC USA Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$12,093,850
Maturity:	June 30, 2016
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 130.5% of any increase in index; par if index falls by 50% or less; full exposure to decline from initial level if index falls beyond 50%
Initial index level:	1,280.1
Pricing date:	June 27
Settlement date:	June 30
Agents:	UBS Financial Services Inc. and HSBC Securities (USA) Inc.
Fees:	3.5%
Cusip:	40433C775

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