HSBC plans 24-month buffered AMPS with cap linked to iShares MSCI EAFE

By Susanna Moon

Chicago, April 2 - HSBC USA Inc. plans to price buffered Accelerated Market Participation Securities due April 30, 2015 linked to the iShares MSCI EAFE index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19% to 23%. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on April 25 and settle on April 30.

The Cusip number is 40432XDP3.

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