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Published on 8/5/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $3.39 million PLUS due 2015 linked to WisdomTree Japan

By Jennifer Chiou

New York, Aug. 5 – HSBC USA Inc. priced $3,394,700 of 0% Performance Leveraged Upside Securities due Sept. 8, 2015 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, capped at 12.5%.

Investors will share in any losses.

HSBC Securities (USA) Inc. is the agent with distribution through Morgan Stanley Wealth Management.

Issuer:HSBC USA Inc.
Issue:Performance Leveraged Upside Securities
Underlying fund: WisdomTree Japan Hedged Equity fund
Amount:$3,394,700
Maturity:Sept. 8, 2015
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any fund gain, capped at 12.5%; full exposure to losses
Initial price:$49.97
Pricing date:July 31
Settlement date:Aug. 5
Agent:HSBC Securities (USA) Inc.
Dealer:Morgan Stanley Wealth Management
Fees:2%
Cusip:40434C261

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