EFTA01450381.pdf

Page 2 of 17 Spot Rate: The Spot Rate for the Brazilian real relative to the U.S. dollar (the "USDBRI.") on tach date of calculation will be the U.S. dollar/Brazilian real exchange rate, expressed as the amount of Brazilian reals per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISI3ACEN Data System undo- transaction code PTAX-800 ("Consulta de Cambio" or Exchange Rate Inquiry), Option 5 ("Cotacoes pare Cotabilidadc" or Rates for Accounting Purposes) at approximately 1:15 p.m., Sao Paulo lime, which appears on Reuters page "BRFR- to the right of the caption "Dollar FTTAX", or any successor page. The USDBRI. shall be calculated to the fourth decimal place. Initial Spot Rate: 2.0035 Final Spot Rate: The Spot Rate as determined by the Calculation Agent in its sole discretion on the Final Valuation l)ate. Calculation Agent: HSBC or one of its affiliates CUSIP/ISIN: 40432XE56/US40432XE563 Form of Notes: Book-Entry Listing: The Notes will not be listed on any U.S. securities exchange or quotation system. Investment in the Notes involves certain risks. You should refer to "Selected Risk Considerations" beginning on page 5 of this document and "Risk Factors" beginning on page S-3 of the prospectus supplement. Neither the U.S. Securities and Exchange Commission, or SEC, nor any state securities commission has approved or disapproved of the Notes or determined that this pricing supplement, or the accompanying prospectus supplement and prospectus, is truthful or complete. Any representation to the contrary is a criminal offense. FISBC Securities (USA) Inc. or another of our affiliates or agents may use this pricing supplement in market-making transactions in any Notes after their initial sale. Unless we or our agent informs you otherwise in the confirmation of sale, this pricing supplement will be used In a market-making transaction. I ISBC Securities (USA) Inc., an affiliate of ours, will purchase the Notes from us for distribution to the placement agent. See "Supplemental Plan of Distribution (Conflicts of Interest)" on the last page of this pricing supplement J.P. Morgan Securities LLC and certain of its registered broker-dealer affiliates are purchasing the Notes for resale. Price to Public Fees and Commissions Proceeds to Issuer Pa Note S1.000 SI0 5990 Total $11,525,000 $115250 $11,409,750 The Notes: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value JPMo rgan Placement Agent April 5, 20t3 http://www.sec.gov/Archives/edgaddata/83246/000114420413020645/v340782_424b2.htm 10/29/2013 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0105961 CONFIDENTIAL SDNY GM_00252165 EFTA01450381