New Issue: HSBC prices $1.27 million annual income opportunity notes tied to stocks

By Angela McDaniels

Tacoma, Wash., Nov. 28 - HSBC USA Inc. priced $1.27 million of annual income opportunity notes with auto cap due Nov. 30, 2015 linked to a basket of 10 common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes Altria Group, Inc., Amazon.com, Inc., Amgen Inc., Archer-Daniels-Midland Co., AT&T Inc., Barrick Gold Corp., General Mills, Inc., Halliburton Co., Intel Corp. and Mattel, Inc.

Interest is payable annually and equals the average of the performances of the basket stocks, subject to a minimum interest rate of 0%.

A stock's performance will be set at 7% if its return is greater than or equal to zero. If a stock's return is negative, its performance will be the greater of its return and negative 30%.

The payout at maturity will be par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Annual income opportunity notes with auto cap
Underlying stocks:	Altria Group, Inc., Amazon.com, Inc., Amgen Inc., Archer-Daniels-Midland Co., AT&T Inc., Barrick Gold Corp., General Mills, Inc., Halliburton Co., Intel Corp. and Mattel, Inc.
Amount:	$1.27 million
Maturity:	Nov. 30, 2015
Coupon:	Average of the performances of the basket stocks, subject to a minimum interest rate of 0%; payable annually
Stock performance:	If stock's return is greater than or equal to zero, 7%; otherwise, greater of stock return and negative 30%
Price:	Par
Payout at maturity:	Par
Pricing date:	Nov. 23
Settlement date:	Nov. 29
Agent:	HSBC Securities (USA) Inc.
Fees:	3.25%
Cusip:	4042K1RG0

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