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Published on 9/26/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $103,000 five-year SelectInvest notes tied to Euro Stoxx

By Marisa Wong

Madison, Wis., Sept. 26 – HSBC USA Inc. priced $103,000 of 0% SelectInvest debt securities due Sept. 26, 2019 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, up to a maximum return of 125%.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:SelectInvest debt securities
Underlying index:Euro Stoxx 50
Amount:$103,000
Maturity:Sept. 26, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 125%; par if index falls by up to 25%; 1% loss for every 1% decline beyond 25%
Initial index level:3,205.93
Pricing date:Sept. 23
Settlement date:Sept. 26
Agent:HSBC Securities (USA) Inc.
Fees:3%
Cusip:40433BLV8

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