HSBC to price trigger autocallables linked to Euro Stoxx 50 index

By Angela McDaniels

Tacoma, Wash., July 9 - HSBC USA Inc. plans to price 0% trigger autocallable optimization securities due July 19, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

Beginning July 19, 2013, the notes will be automatically called at par plus a call return of 10% to 12.75% per year if the index closes at or above the initial level on any quarterly observation date. The exact call premium will be set at pricing.

If the notes are not called and the index finishes at or above the trigger level, 50% of the initial level, the payout at maturity will be par. Otherwise, investors will be exposed to the index's decline from the initial price.

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

The notes will price July 13 and settle July 18.

The Cusip number is 40433M427.

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