HSBC plans to price PLUS due 2014 with cap linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., July 3 - HSBC USA Inc. plans to price 0% Performance Leveraged Upside Securities due Sept. 5, 2014 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any index gain, up to a maximum payout of at least $11.96 to $12.16 per note. The exact cap will be set at pricing.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Smith Barney LLC handling distribution.

The notes will price on July 31 and settle on Aug. 5.

The Cusip number is 40433X464.

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