New Issue: HSBC prices $3.5 million buffered AMPS tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Dec. 7 – HSBC USA Inc. priced $3.5 million of 0% buffered Accelerated Market Participation Securities due Nov. 30, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 5 times the index gain, subject to a maximum return of 26%. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Euro Stoxx 50
Amount:	$3.5 million
Maturity:	Nov. 30, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 5 times any index gain, subject to a maximum return of 26%; par if the index declines by 20% or less; 1.25% loss for every 1% that it declines beyond 20%
Initial level:	3,409.60
Buffer level:	2,727.68, 80% of initial level
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	3%
Cusip:	40433UER3

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