New Issue: HSBC prices $2.68 million PLUS linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., July 23 - HSBC USA Inc. priced $2.68 million of 0% Performance Leveraged Upside Securities due Aug. 22, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 19.6%. If the index return is negative, investors will be fully exposed to the decline.

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

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,681,900
Maturity:	Aug. 22, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any index gain, up to a maximum return of 19.6%; full exposure to any losses
Initial level:	2,716.7
Pricing date:	July 19
Settlement date:	July 24
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Smith Barney LLC as distributor
Fees:	2%
Cusip:	40433X464

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