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Published on 5/29/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $1.75 million leveraged buffered uncapped notes on Euro Stoxx 50

By Jennifer Chiou

New York, May 29 - HSBC USA Inc. priced $1,748,000 of 0% leveraged buffered uncapped market participation securities due May 29, 2018 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 1.55 times any fund gain.

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

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Leveraged buffered uncapped market participation securities
Underlying index:Euro Stoxx 50
Amount:$1,748,000
Maturity date:May 29, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.55 times any fund gain; par if fund falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:3,203.28
Pricing date:May 23
Settlement date:May 29
Agent:HSBC Securities (USA) Inc.
Fees:None
Cusip:40432XZ61

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