New Issue: HSBC prices $18.95 million PLUS linked to Energy Select Sector SPDR

By Angela McDaniels

Tacoma, Wash., March 4 – HSBC USA Inc. $18.95 million of 0% Performance Leveraged Upside Securities due June 2, 2016 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 300% of the fund return, subject to a maximum return of 18%. If the fund return is negative, investors will have one-to-one exposure to the decline.

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

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	Energy Select Sector SPDR Fund
Amount:	$18,945,260
Maturity:	June 2, 2016
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If fund return is positive, par plus 300% of fund return, subject to 18% maximum return; if fund return is negative, one-to-one exposure to decline
Initial share price:	$79.02
Pricing date:	Feb. 27
Settlement date:	March 4
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	1.8%
Cusip:	40434F439

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