New Issue: HSBC sells $2.34 million buffered AMPS linked to Stoxx 50

By Sarah Lizee

Olympia, Wash., April 30 – HSBC USA Inc. priced $2.34 million of 0% buffered Accelerated Market Participation Securities due Nov. 1, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 48.75%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$2,338,000
Maturity:	Nov. 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 48.75%; par if index falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:	3,491.92
Pricing date:	April 25
Settlement date:	April 30
Agent:	HSBC Securities (USA) Inc.
Fees:	2.525%
Cusip:	40435UKU7

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