New Issue: HSBC prices $5.77 million performance barrier notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., March 28 - HSBC USA Inc. priced $5.77 million of 0% performance barrier notes due Oct. 2, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 162% of the index return. Investors will receive par if the index declines by 25% or less and will be fully exposed to the index decline if it falls by more than 25%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Performance barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$5,768,000
Maturity:	Oct. 2, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 162% of index return if index return is greater than zero; par if index declines by 25% or less; full exposure to index's decline from its initial level if it falls by more than 25%
Initial index level:	3,130.17
Pricing date:	March 26
Settlement date:	March 31
Underwriter:	HSBC Securities (USA) Inc.
Fees:	2.75%
Cusip:	40432XUP4

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