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Published on 6/26/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $1.56 million buffered uncapped notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, June 26 – HSBC USA Inc. priced $1.56 million of 0% buffered uncapped market participation securities due June 26, 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 any index gain.

Investors will receive par if the index falls by up to 18% and will lose 1% for every 1% decline beyond 18%.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Buffered uncapped market participation securities
Underlying index:Euro Stoxx 50
Amount:$1,556,000
Maturity date:June 26, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; par if index falls by up to 18%; 1% loss for every 1% decline beyond 18%
Initial level:3,282.58
Pricing date:June 23
Settlement date:June 26
Agent:HSBC Securities (USA) Inc.
Fees:3.5%
Cusip:40433BDX3

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