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Published on 4/23/2013 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $794,000 buffered AMPS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 23 - HSBC USA Inc. priced $794,000 of 0% buffered Accelerated Market Participation Securities due April 26, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 53%. Investors will receive par if the index 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 index:Euro Stoxx 50
Amount:$794,000
Maturity:April 26, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain, up to maximum return of 53%; par if index falls by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:2,575.16
Pricing date:April 19
Settlement date:April 26
Agent:HSBC Securities (USA) Inc.
Fees:2.15%
Cusip:40432XDA6

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