New Issue: HSBC prices $873,000 buffered AMPS linked to Energy Select Sector SPDR

By Angela McDaniels

Tacoma, Wash., April 29 – HSBC USA Inc. priced $873,000 of 0% buffered Accelerated Market Participation Securities due Oct. 30, 2017 linked to the Energy Select Sector SPDR 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 21%. 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:	Energy Select Sector SPDR Fund
Amount:	$873,000
Maturity:	Oct. 30, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any ETF gain, up to maximum return of 21%; par if ETF declines by 10% or less; 1% loss for every 1% that ETF declines beyond 10%
Initial share price:	$81.89
Pricing date:	April 27
Settlement date:	April 30
Agent:	HSBC Securities (USA) Inc.
Fees:	2.3%
Cusip:	40433BM62

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