New Issue: HSBC prices $1 million averaging notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., Aug. 29 - HSBC USA Inc. priced $1 million of 0% averaging notes due Aug. 30, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Dow Jones industrial average, the Euro Stoxx 50 index and the Taiwan Stock Exchange Capitalization Weighted Stock index.

The payout at maturity will be par plus the basket return, subject to a minimum payout of par.

Each index's final level will be the average of its closing levels on the 24 quarterly observation dates.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Averaging notes
Underlying indexes:	Dow Jones industrial average, Euro Stoxx 50 index and Taiwan Stock Exchange Capitalization Weighted Stock index, equally weighted
Amount:	$1,002,000
Maturity:	Aug. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return, subject to minimum payout of par
Initial index levels:	13,124.67 for Dow, 2,461.82 for Euro Stoxx 50 and 7,468.22 for Taiwan index
Final index levels:	For each index, average of its closing levels on 24 quarterly observation dates
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Underwriter:	HSBC Securities (USA) Inc.
Fees:	4.25%
Cusip:	4042K1Z30

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