New Issue: HSBC prices $515,000 buffered AMPS linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Aug. 28 – HSBC USA Inc. priced $515,000 of 0% buffered Accelerated Market Participation Securities due Aug. 29, 2016 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus double the ETF return, subject to a maximum return of 17.5%. Investors will receive par if the ETF declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying ETF:	iShares MSCI Emerging Markets
Amount:	$515,000
Maturity:	Aug. 29, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any ETF gain, up to maximum return of 17.5%; par if ETF declines by 10% or less; 1% loss for every 1% that ETF declines beyond 10%
Initial share price:	$45.35
Pricing date:	Aug. 26
Settlement date:	Aug. 29
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40433BKF4

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