HSBC plans to price one-year notes linked to basket of 19 stocks

By Angela McDaniels

Tacoma, Wash., May 19 – HSBC USA Inc. plans to price 0% notes due June 8, 2016 linked to a basket of stocks, according to an FWP filing with the Securities and Exchange Commission.

The equally weighted basket includes Actavis plc, Akorn, Inc., Anadarko Petroleum Corp., BioMarin Pharmaceutical Inc., Endo International plc, FireEye, Inc., First Republic Bank, Jarden Corp., Jazz Pharmaceuticals plc, Lions Gate Entertainment Corp., Pioneer Natural Resources Co., Rite Aid Corp., Tableau Software, Inc., Time Warner Cable Inc., Valeant Pharmaceuticals International, Inc., Viacom Inc., Workday, Inc. and YUM! Brands, Inc.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the basket return multiplied by (c) 99.55%.

Because of the 99.55% adjustment factor, investors will lose principal if the basket level does not increase by at least 0.45%.

HSBC Securities (USA) Inc. is the underwriter. J.P. Morgan Securities LLC is the agent.

The notes will price May 22.

The Cusip number is 40433BW79.

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