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Published on 5/27/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $8.33 million barrier AMPS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 27 – HSBC USA Inc. priced $8.33 million of 0% barrier Accelerated Market Participation Securities due Dec. 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 150% of the index return, up to a maximum return of 50%. Investors will receive par if the index falls by 35% or less and will be fully exposed to the decline if the index falls by more than 35%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:HSBC USA Inc.
Issue:Barrier Accelerated Market Participation Securities
Underlying index:Euro Stoxx 50
Amount:$8,327,000
Maturity:Dec. 3, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at 50%; par if index declines by 35% or less; full exposure to losses if index falls by more than 35%
Initial level:3,679.14
Pricing date:May 22
Settlement date:June 1
Underwriter:HSBC Securities (USA) Inc.
Fees:2.35%
Cusip:40433BP85

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