New Issue: HSBC sells $1.03 million barrier AMPS on two indexes

By Wendy Van Sickle

Columbus, Ohio, June 4 – HSBC USA Inc. priced $1.03 million of 0% barrier Accelerated Market Participation Securities due June 3, 2022 linked to the least performing of the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 3 times any least performing index gain, capped at par plus 31.3%.

Investors will receive par if the least performing index falls by up to 20% and will lose 1% for every 1% decline of the least performing index if it falls beyond 20%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier Accelerated Market Participation Securities
Underlying indexes:	Dow Jones industrial average and Nasdaq-100 index
Amount:	$1,029,000
Maturity:	June 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain in least performing index, capped at par plus 31.3%; par if least-performing index declines by 20% or less; otherwise, 1% loss per 1% drop of least performing index
Initial levels:	25,383.11 for Dow, 9,555.524 for Nasdaq
Barrier levels:	80% of initial levels
Pricing date:	May 29
Settlement date:	June 3
Agent:	HSBC Securities (USA) Inc.
Fees:	0%
Cusip:	40438CHY0

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