New Issue: HSBC prices $4.04 million trigger performance notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Feb. 28 - HSBC USA Inc. priced $4.04 million of 0% trigger performance securities due Feb. 29, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 130.5% of the index return.

Investors will receive par if the index falls by up to 35% and will be fully exposed to losses from the initial level if it falls more than 35%.

HSBC Securities (USA) Inc. is the underwriter, and UBS Financial Services Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$4,041,840
Maturity:	Feb. 29, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 130.5% of index return; par if index falls by up to 35%; full exposure to losses if index falls more than 35%
Initial level:	2,570.52
Trigger level:	1,670.84, 65% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Underwriter:	HSBC Securities (USA) Inc. with UBS Financial Services Inc. as agent
Fees:	2.5%
Cusip:	40433T315

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