New Issue: HSBC prices $1.45 million performance plus notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Feb. 20 - HSBC USA Inc. priced $1.45 million of 0% performance plus securities due Feb. 19, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 80% of the initial index level, the payout at maturity will be par plus the greater of the index return and 19.6%. Otherwise, investors will be fully exposed to the index's decline from its initial level.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Performance plus securities
Underlying index:	Euro Stoxx 50
Amount:	$1.45 million
Maturity date:	Feb. 19, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 80% of initial index level, par plus greater of index return and 19.6%; otherwise, full exposure to index's decline from initial level
Initial index level:	2,615.26
Pricing date:	Feb. 15
Settlement date:	Feb. 21
Agent:	HSBC Securities (USA) Inc.
Fees:	1.5%
Cusip:	40432XAZ4

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