New Issue: HSBC sells $390,000 buffered AMPS linked to NYSE FANG+ index

By Marisa Wong

Los Angeles, July 13 – HSBC USA Inc. priced $390,000 of 0% buffered Accelerated Market Participation Securities due June 30, 2022 tied to the NYSE FANG+ index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25times any index gain, capped at par plus 19.5%.

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:	NYSE FANG+ index
Amount:	$390,000
Maturity:	June 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, capped at par plus 19.5%; par if index falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:	4,150.882
Pricing date:	June 25
Settlement date:	June 30
Agent:	HSBC Securities (USA) Inc.
Fees:	2.25%
Cusip:	40438CJZ5

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