New Issue: HSBC prices $6.3 million trigger PLUS linked to Euro Stoxx 50 index

By Marisa Wong

Madison, Wis., Dec. 28 - HSBC USA Inc. priced $6.3 million of 0% trigger Performance Leveraged Upside Securities due Dec. 28, 2015 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 plus 500% of any gain in the index.

Investors will receive par if the index falls up to 15% and will be fully exposed to losses from the initial level if it drops more than 15%.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

Issuer:	HSBC USA Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$6,301,900
Maturity:	Dec. 28, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any index gain; par if index falls up to 15%; full exposure to losses from initial level if index drops more than 15%
Initial level:	2,651.09
Trigger level:	2,253.43, 85% of initial level
Pricing date:	Dec. 21
Settlement date:	Dec. 27
Agent:	HSBC Securities (USA) Inc. with distribution through Morgan Stanley Smith Barney LLC
Fees:	2.5%
Cusip:	40433T497

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