HSBC plans PLUS due 2016 linked to Energy Select Sector SPDR

By Susanna Moon

Chicago, June 1 – HSBC USA Inc. plans to price 0% Performance Leveraged Upside Securities due Oct. 5, 2016 linked to the Energy Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any fund gain, up to a maximum return of $11.60 per note.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management as dealer.

The notes will price on June 30 and settle on July 6.

The Cusip number is 40434G148.

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