HSBC plans to price PLUS linked to WisdomTree India Earnings fund

By Marisa Wong

Madison, Wis., Feb. 19 - HSBC USA Inc. plans to price 0% Performance Leveraged Upside Securities due Feb. 26, 2015 linked to the WisdomTree India Earnings fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund's final share price is greater than the initial share price, the payout at maturity will be par of $10 plus 500% of the fund return, subject to a 29.5% to 32.5% cap that will be set at pricing. If the final share price is less than the initial share price, investors will be fully exposed to the decline.

The notes (Cusip: 40433T273) are expected to price on Feb. 22 and settle on Feb. 27.

HSBC Securities (USA) Inc. is the agent.

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