New Issue: HSBC prices $737,000 buffered AMPS on iShares MSCI Emerging Markets

By Marisa Wong

Madison, Wis., Aug. 29 - HSBC USA Inc. priced $737,000 of 0% buffered Accelerated Market Participation Securities due Feb. 27, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any gain in the index fund, subject to a maximum return of 19%. Investors will receive par if the fund share price declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$737,000
Maturity:	Feb. 27, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 19%; par if fund declines by 10% or less; 1% loss for every 1% drop beyond 10%
Initial price:	$39.64
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	0.3%
Cusip:	4042K12C6

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