HSBC to price buffered AMPs due 2017 linked to Russell 2000 index

By Jennifer Chiou

New York, June 6 – HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due June 26, 2017 linked to the Russell 2000 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of at least 23% that will be set at pricing. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

The notes (Cusip: 40433BDQ8) are expected to price on June 23 and settle on June 26.

HSBC Securities (USA) Inc. is the agent.

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