This document is a pricing supplement for HSBC USA Inc.'s $5,950,000 Ranier Notes linked to the performance of the Brazilian Real relative to the U.S. Dollar, due March 27, 2014. It outlines the terms, conditions, and risks associated with the notes, including the lack of guaranteed return of principal and the potential for loss of up to 100% of the initial investment. The document specifies the calculation of payments at maturity based on the Reference Currency Return and details the Spot Rate determination process.
documents/vol00010-efta01344646-pdf.pdf
{"title":"HSBC USA Inc. $5,950,000 Ranier Notes with Step Up Digital Return","key_people":["Calculation Agent: HSBC or one of its affiliates"],"document_date":"2013-03-13","document_type":"financial","key_locations":["Sao Paulo"],"document_subtype":"Pricing Supplement","key_organizations":["HSBC USA Inc.","Banco Central do Brasil"],"reference_numbers":["CUSIP/ISIN: 40432XD32/US40432XD326"]}