By Susanna Moon
Chicago, March 11 – HSBC USA Inc. priced $6.75 million of 0% return optimization securities due March 12, 2018 linked to the Deutsche Borse AG German Stock Price index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 5 times any index gain, up to a maximum return of 43%.
Investors will be exposed to any losses.
UBS Financial Services Inc. and HSBC Securities (USA) Inc. are the underwriters.
| Issuer: | HSBC USA Inc.
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| Issue: | Return optimization securities
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| Underlying index: | Deutsche Borse AG German Stock Price 50
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| Amount: | $6.75 million
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| Maturity: | March 12, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 500% of any index gain, capped at 43%; exposure to any losses
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| Initial index level: | 5,924.29
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| Pricing date: | March 9
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| Settlement date: | March 12
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| Underwriters: | UBS Financial Services Inc. and HSBC Securities (USA) Inc.
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| Fees: | 2%
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| Cusip: | 40434G106
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