New Issue: HSBC prices $140,000 18-month AMPS linked to iShares MSCI EM

By Marisa Wong

Madison, Wis., Jan. 27 - HSBC USA Inc. priced $140,000 of 0% Accelerated Market Participation Securities due July 28, 2015 linked to the iShares MSCI Emerging Markets exchange-traded 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 plus triple the fund return, subject to a maximum return of 22.5%. Investors will be fully exposed to losses.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Accelerated Market Participation Securities
Underlying ETF:	iShares MSCI Emerging Markets
Amount:	$140,000
Maturity:	July 28, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any fund gain, up to maximum return of 22.5%; full exposure to losses
Initial price:	$39.26
Pricing date:	Jan. 23
Settlement date:	Jan. 28
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40432XRC7

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